IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.

In a double whammy of Sweden BESS market news, developer SENS has secured the land for a 40MW project while system integrator Alfen will deploy a 20MW system at a wind farm.

UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.

Tesla’s energy storage and generation revenues have tripled since 2020, largely driven by deployments of Megapack battery storage systems.

Oil and gas major TotalEnergies has acquired Kyon Energy, one of the most active battery energy storage system (BESS) project developers in Germany.

We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.

The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).

The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.

The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.

We hear from Chris Wickins, technical director at UK battery storage developer-operator Field about how grid interconnection and market mechanisms are developing in Europe’s most advanced energy storage market.