Norway-based thermal energy storage company Kyoto Group has signed a letter of intent (LOI) to deploy an 88MWh system in Spain in the second half of 2023.

ARENA funding will support Hydrostor’s advanced compressed air energy storage (A-CAES) project in New South Wales.

Another edition of our news in brief from around the world in energy storage.

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

Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.

Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.

Swedish public utility Vattenfall is about to start filling a 45m-high, 200MW-rated thermal energy storage facility with water in Berlin, Germany.

Novel project in development in Australia combining CSP, molten silicon thermal storage, solar PV and grid-scale BESS appears to be revived.

Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.

Group co-owned by State Grid Corporation of China and Singapore Power has halted investment into a hybrid project in South Australia.