Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.

An environmental impact assessment (EIA) has been submitted for a renewable energy project combining solar PV and energy storage on the Mediterranean island nation of Cyprus.

The Netherlands needs 10GW of battery storage by 2030 and, while the market is being held back by onerous grid fees, developers like Lion Storage are working on deploying multi-hundred megawatt systems.

Inverter supplier Sungrow and developer Constantine Energy Storage are partnering on 825MWh of BESS projects in the UK, including two with discharge durations of nearly three hours.

Switzerland’s largest energy firm Axpo has entered the battery storage market in Sweden, buying a project from developers RES and SCR set to come online in 2024.

Construction has started on two battery energy storage system (BESS) projects in Idaho which will be delivered by Powin Energy.

The Department of Mineral Resource and Energy (DMRE) of South Africa has issued its request for proposals (RFP) for six battery storage projects totaling 513MW/2,052MWh, with a July deadline.

Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.

Investment firms PASH Global and ERIH Holdings have formed a joint venture (JV) to develop utility-scale solar and battery storage projects in Paraguay.

Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.