Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).

SSE Renewables has revealed plans to progress a 1.8GW pumped hydro project at Loch Fearna, Scotland, UK.

Rounding up a busy week’s worth of energy storage activity from the UK market, as reported by our colleagues at Solar Power Portal.

The New South Wales government has deemed three pumped hydro energy storage (PHES) sites as “critical” given their importance to the economy.

Developers SENS and Callio have revealed a hybrid project in Finland which could combine a battery energy storage system (BESS), pumped hydro energy storage and solar PV technology.

The government of Estonia has signed a Memorandum of Understanding (MoU) for what would be the Eastern European country’s first pumped hydro energy storage (PHES) facility.

Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).

The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.

Norwegian power company Statkraft has agreed to acquire a 450MW pumped storage hydro project being developed near Loch Ness in Scotland, UK.

Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland, UK.