The European Commission has approved a €1.1 billion (US$1.2 billion) scheme from the government of Hungary to support large-scale energy storage projects.
Investors Harmony Energy and JLEN have energised battery storage projects in the UK, while the government is considering a VAT exemption for home battery storage.
The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.
Netherlands-based Alfen is deploying a two-hour-plus battery energy storage system (BESS) for Centrica Business Solutions in Belgium, the latter’s first outside the UK.
Vertically integrated energy storage company Kore Power will replace the batteries in a battery energy storage system (BESS) originally turned online with BYD batteries in 2015.
Developer Giga Storage has acquired a closed distribution grid in Groningen, the Netherlands, with the aim of deploying large-scale battery storage projects at the site.
Developer Available Power is focusing on the ‘distributed play’ of 9.9MW-or-less battery storage opportunities within the area of grid operator ERCOT in Texas, a senior executive told Energy-Storage.news.
