Chile looks set to pass major legislation incentivising the deployment of energy storage, after a draft bill passed the Senate yesterday.

The Ministry of Economic Affairs and Employment in Finland has granted €19.5 million (US$19.3 million) to a hybrid plant project combining wind, solar and 25MW/50MWh of battery storage.

Asset manager Foresight Group has invested in a co-located 1.6GWh pumped hydro energy storage and wind project in Scotland.

Fotowatio Renewable Ventures (FRV) and Tyler Hill Partners have created a platform to develop, build and operate up to 1GW of battery energy storage system projects in the UK.

A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.

Gravity-based energy storage company Energy Vault has announced another battery energy storage deal, agreeing to work with US developer Jupiter Power for 2.4GWh of systems.

Greenko has selected Andritz to carry out electromechanical works on a pumped hydro project in Madhya Pradesh, India.

A 60MW/67MWh battery energy storage system (BESS) in Germany being developed by Smart Power with technology provided by SMA is due to be completed imminently.

Centrica Business Solutions will convert a decommissioned gas-fired power station in England into a 100MWh battery storage facility.

Queensland gets about 21% of its energy from renewables, but the state government has just set an increased target of 70% renewables by 2032.