US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.

Energy Vault has entered what it has described as “one of the world’s fastest-growing energy storage markets,” acquiring a portfolio of development projects in Japan.

IPP Neoen will start construction on large-scale BESS projects in France and Japan in the coming months.

SSE Renewables, Matrix Renewables, Drax and Voltaria have all progressed large-scale BESS projects in the UK, all-in-all totalling 1.8GWh of new capacity.

IPP Akuo will soon start building a 2.75-hour BESS project in Borba, Portugal, integrated into its 181MW Santas solar PV plant.

Arevon, Banpu Power (BPP) and Energy Vault have made BESS project announcements totalling 1,550MWh of capacity in the US.

Thailand is increasing its renewable generation but its energy storage market still lags behind, while there is support for the upstream industry, writes analyst Charlotte Gisbourne.

Large-scale BESS deployments in Romania are benefiting from country-specific drivers, helping Romania emerge as a busy grid-scale market.

A trio of large-scale BESS announcements by major power firms of 700-800MWh capacity each in Germany show the country’s energy storage market moving into the new era of scale.

Clearway Energy Group has negotiated tolling agreements with SDG&E for one of its solar and storage complexes in Kern County, California.