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.

Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm.

The power solutions arm of manufacturing firm Volvo Group has expanded into the battery energy storage system (BESS) market, launching a sub-system product initially in the US and Europe.

Huge wind power deployments and the limitations of the existing fleet of pumped hydro energy storage (PHES) are driving the battery storage market in Finland, a local system integrator said.

The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.