Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.

News in brief from around the world in energy storage.

This expert panel from the Energy Storage Summit 2021 brought together leading figures in the finance community to discuss the different financing and business models they’ve seen, and how they expect the market to evolve for energy storage in the UK.

Canadian Solar has signed a new partnership with UK-headquartered energy storage optimisation specialist Habitat Energy.

Policymakers in Poland have removed legal and regulatory barriers to the development of an energy storage industry based in the European country.

Iron electrolyte flow battery company ESS Inc has become the latest energy storage industry player to target public listing of its stock, announcing a merger with a special purpose acquisition company (SPAC).

Foresight Solar Fund, a UK-based investment company with over a gigawatt of solar PV assets in its portfolio, has made its first move into the battery storage space.

A panel of leading developers, technology and service providers and the finance community discuss the economic opportunities — and challenges — of deploying and operating front-of-the-meter battery storage in the US.

Leaders in the UK and international battery storage space discussed how the industry has rapidly evolved to become a viable business at the heart of the transition to low carbon and renewable energy in this panel session from the Energy Storage Summit 2021.

Stem Inc’s shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.