The EU has approved a plan by the government in Greece to put €341 million towards a 900MW energy storage pipeline, under its state aid rules.

Renewable energy company Arevon has secured a US$400 million loan facility from two banks for its solar and energy storage pipeline in the Midwest, Southeast and California.

Malaysia-based Reservoir Link has signed a memorandum of understanding (MOU) with an unnamed US-based ‘Iron Flow Long Duration Energy Storage provider’, while ESS Inc tells Energy-Storage.news it is ‘actively exploring’ opportunities in Reservoir Link’s markets.

Expressions of Interest have been invited for so-called ‘round-the-clock’ renewable energy projects in India by NTPC Vidyut Vyapar Nigam.

Norwegian state-backed credit agency Eksfin is providing US$100 million in guarantees for three co-located energy storage projects in South Africa from renewable energy developer Scatec.

A state-owned power company has begun the construction phase of a 35MW grid-scale battery storage project in Australia’s Northern Territory.

Increasingly, microgrids often lean on battery storage as a key component, replacing or reducing reliance on diesel and other fossil fuels.

Energy group BayWa r.e. has been selected to implement a project in France combining a solar PV plant, a battery energy storage system (BESS) and – if enough offtakers can be found – green hydrogen.

The past week has seen thermal energy storage solution companies strike or execute on commercial deals across Norway, Greece, Israel and South Africa.

The government of Barbados has created a national energy storage policy and sees billions of investment potential in the sector, a minister has said.