Developer Black Mountain Energy Storage (BMES) has sold 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas, ERCOT market in two months.

The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.

Startup Group1 is seeking to commercialise cathode materials for potassium-ion batteries, a world-first, while Northvolt is seeking to build batteries using a tree-derived carbon material lignin.

Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).

Developer Cypress Creek Renewables has acquired four standalone energy storage projects totalling 400MW/600MWh in Texas, US, from Black Mountain Energy Storage (BMES).

The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.

Battery storage deployments on the California ISO (CAISO) grid slowed in the lead-up to the peak summer season, with no new battery energy storage connected in May and only 65MW added in June.

State-owned power company PGE Group has obtained regulatory approval to build a 200MW/820MWh battery energy storage system (BESS) in Poland.

Andy Tang, VP of energy storage & optimisation for global energy technology group Wärtsilä, discusses software, supply chain, non-lithium storage technologies and more in this exclusive interview.

Power project developer Ncondezi Energy has launched a feasibility study for a 300MW solar PV plant with battery storage, in Mozambique.