The award of contracts to 1GW of battery storage was the “biggest news” to emerge from the latest round of Capacity Market auctions held in the UK.

Energy Vault has got its New York Stock Exchange (NYSE) listing after the gravity-based energy storage company’s merger with special purpose acquisition company (SPAC) Novus Capital Corporation II completed. 

Iberdrola expects its 880MW pumped hydro plant at the Tâmega energy storage complex in northern Portugal to become fully operational in the middle of this year. 

“Extensive works” to house two 125MW turbines have begun at Australia’s first new pumped hydro energy storage (PHES) plant in nearly 40 years, developer Genex Power has said. 

A cap and floor regime would be the most beneficial solution for supporting long-duration energy storage in the UK, a report from KPMG has found.

US$380 million in support for long-duration energy storage projects in California has been included in the state’s budget for 2022-2023. 

Two pumped hydro energy storage (PHES) projects at very different stages of development in Hawaii and Wyoming would enable hundreds of additional megawatt-hours of clean energy use in each region. 

Energy-Storage.news proudly presents this sponsored webinar with consultancy Clean Horizon, discussing why Greece can be an important European market for energy storage.

This edition of news in brief in energy storage comes from a busy week in the UK.

After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.