Energy-Storage.news Premium speaks with Michael Phelan, CEO of energy management solutions provider GridBeyond, following €52 million Series C funding round.

The Republic of Ireland’s environment minister Eamon Ryan was on hand last week as a 75MW/150MWh battery energy storage system (BESS) was officially inaugurated.

Siemens Energy will provide the technology for a project in Ireland combining a synchronous condenser and a battery energy storage system (BESS) of 160MWh.

System integrator Fluence and Norwegian state-owned power firm Statkraft have partnered on a 4-hour battery energy storage system (BESS) in Ireland, the market’s first.

Europe reached 4.5GW of battery storage capacity last year and could hit 95GW by 2050, according to figures from LCP Delta and Aurora Energy Research respectively.

The broader portfolio and management team are critical to securing investment for individual energy storage projects, said senior figures at asset managers Blackrock and Impax.

Microsoft’s project to equip a data centre with a ‘grid-interactive’ battery storage system shows “what is possible”.

Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.

Irish government has launched a consultation to help direct the development of a policy framework for energy storage.

ABO Wind has commissioned its first standalone battery energy storage system (BESS), in Kells, Northern Ireland.