Utility PG&E has selected six new California microgrid projects for a US$30 million investment, while Massachusetts’ Department of Energy Resources is awarding US$40 million across 36 BESS projects.
The US energy storage industry is targeting 225GW/1TWh of storage deployment by the end of 2032, according to an analysis published by the Energy Storage Coalition (ESC).
Pakistan’s National Electric Power Regulatory Authority (NEPRA) has approved plans to require bidders in a renewable energy auction to include energy storage.
Blueleaf Energy and Universal Peak have closed financing for a 100MW/400MWh battery storage project, which was one of four winning bids in a Malaysian government tender.
Bulgaria now has a world-leading amount of battery storage capacity relative to energy system despite a period of political turnover, although those assets are now cannibalising the revenues which attracted investment in the first place.
The Italian government has declared an AI data centre in development by Energy Vault, featuring hybrid energy storage technologies, to be of strategic national interest.
Squadron Energy has completed a refinancing of its Australian renewable energy portfolio, securing total debt commitments of more than AU$2.7 billion (US$1.76 billion).
