London Stock Exchange-listed investor Gresham House Energy Storage Fund has raised £120 million (US$159.86 million) to finance six new energy storage projects.

China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.

Large-scale energy storage solutions provider Powin Energy has begun manufacturing of its products at two additional sites in Taiwan.

Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.

The Department of Business, Energy and Industrial Strategy in the UK has given the green light to the country’s biggest ever battery storage project.

A 50MW battery storage site in Northern Ireland, UK, has been energised by developer Low Carbon and investment fund Gore Street Energy Storage Fund.

Utility NV Energy has had plans for three large-scale solar-plus-storage projects approved by regulator the Public Utilities Commission of Nevada (PUCN) which the company said will enable it to achieve a PUC-set energy storage deployment target.

A 10MW / 20MWh battery energy storage project in Belgium has achieved financial close and is expected to begin construction shortly, the consortium behind the project has said.

Independent power producer (IPP) Broad Reach Power has made the first of “several planned expansions” into California’s market for energy storage, acquiring the 25MW / 100MWh Cascade Energy Storage project.

Germany-headquartered residential battery storage manufacturer sonnen has launched an “all-in-one” system in the US which comes at a recommended retail price of US$9,500.