Greenko, an Indian power producer creating a 24/7 renewable energy proposition has announced US$1.2 billion PHES project.

International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany.

Shell Energy Australia will build, own and operate a planned 500MW/1,000MWh battery storage asset at former coal plant.

Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.

New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week’s time.

California utility PG&E is developing a long-duration energy storage microgrid combining batteries and green hydrogen, in partnership with Energy Vault, the company known for its gravity-based solution.

A Madrid-headquartered developer has proposed a solar-plus-storage system in Spain with a 100MW/200MWh battery energy storage system (BESS).

An evaluation of 2022 and predictions for the coming year from German battery storage developer and system integrator ECO STOR, and UK-based second life energy storage firm Connected Energy.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.

Some companies which were previously considering Europe for lithium-ion gigafactory projects are now looking to the US instead, executives working in site selection and design told Energy-Storage.news.