Residential solar and battery installer Sunrun has partnered with California utility PG&E to create a new virtual power plant (VPP) combining up to 30MW of new and existing home PV and battery systems for grid reliability.

GE Hydro Solutions has installed the final of four 300MW turbines at a pumped hydro energy storage plant in Anhui Province, China.

Arclight Capital Partners has committed US$150 million to its energy storage platform Elevate Renewable Energy for deploying battery storage alongside its legacy thermal plant portfolio.

Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent project in Bavaria, Germany.

Major international finance groups have contributed to a raise of more than half-a-billion US dollars in funding for developer Hecate Energy.

The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.

rPlus Energies has submitted a Final License Application for a 900MW/9GWh pumped hydro energy storage (PHES) plant in Wyoming, a milestone reached by only six projects in the past 20 years.

One of Sweden’s DNOs Ellevio Group is investing in four new battery storage projects totalling 70MW, supplied by Alfen, the latest in a series of large-scale projects.

Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity.

Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green light by regulators.