Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.

In an effort to drive the country to deploying more energy storage, the Israeli Ministry of Energy and Infrastructure has announced four large-scale battery storage projects.

The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.

Penso Power has won planning permission on appeal for a 100MW/250MWh battery storage project in Hampshire, southern England.

The inaugural Energy Storage Awards: recognising excellence, hard work and innovation in the European industry.

Aypa Power has bought two “late-stage development” battery storage projects in Indiana, US, from Blue Steel Power.

A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.