Japan’s grid-scale battery storage market offers fresh opportunities with “amazing” returns, according to GridBeyond’s market optimisation director.

There is “huge potential” for commercial and industrial (C&I) battery systems in Germany’s wholesale trading markets, according to Tesvolt.

Developer SMT Energy has secured a US$135 million funding for its 160MW/320MWh battery energy storage system (BESS) located in Houston, Texas.

Optimiser GridBeyond has been selected to provide scheduling coordinator, trading and energy optimisation services to UK-headquartered BESS investor Gore Street Energy Storage Fund’s (GSF) 200MW Big Rock US project.

European battery optimisation and energy trading service provider enspired has partnered with battery analytics company volytica diagnostics.

Renewable energy developer-investor Aquila Clean Energy has contracted optimiser Entrix to provide route-to-market services for two battery projects in Germany.

Optimiser Gridmatic and Energy Vault have entered into a 10-year deal for a BESS project in ERCOT, Texas, expected to be online by summer 2025.

Battery storage thrives on energy market volatility meaning there will be good years and bad years, a panellist at Solar Media’s Renewable Energy Revenues Summit 2024 said last week.

This week’s Friday Briefing is largely concerned with the UK’s current period of low revenues for battery storage and how the market can move forward.

Independent power producer Low Carbon has signed optimisation agreements with Habitat Energy, Flexitricity, and EDF across four battery energy storage systems (BESS) with a capacity of 95MW.