Energy Vault and a coal mining company owned by the local government in Sardinia, Italy, have signed a land lease agreement to deploy a project combining gravity energy storage and BESS technology.

Italian renewables company Redelfi has launched an energy storage development platform in the US, while US investor Bluestar Energy Capital has entered the European market.

In this Q&A, Enel North America CEO Paolo Romanacci discusses the IPP’s operational BESS projects, pipeline and deployments as well as his views on wider US industry challenges.

NHOA Energy has launched construction on a battery energy storage system (BESS) project for independent power producer (IPP) ERG in Sicily, Italy.

Taiwan Cement Corporation’s buyout of NHOA is a “reconfirmation of strategic financial support” from the majority shareholder, Energy-Storage.news has heard.   

Finding developers who want long-term partnerships on projects is key when entering multiple different markets, the head of shipping and energy infrastructure firm BW Group’s energy storage development and operation arm says.

G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.

Developer Enerside Energy has sold a project combining agrivoltaics (agriPV) and a battery energy storage system (BESS) in Italy to Chint Solar.

Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023.

Investor NextEnergy Capital has received a US$110 million capital commitment for its solar PV and energy storage-focused fund, NextPower V ESG (NPV ESG).