Vanadium redox flow battery (VRFB) firm Invinity Energy Systems sold or won funding for 136.7MWh of product in 2023, while growing revenues 500%.

The UK and Ireland’s energy storage pipeline is rapidly growing, with co-located solar PV and storage comprising around 20% of planned capacity, writes Mollie McCorkindale of Solar Media Market Research.

Elements Green has secured planning permission for its Staythorpe battery energy storage system (BESS) in the East Midlands region of the UK.

Rankings by EY of the most attractive markets for renewable energy investment include battery storage, with US, China and UK as frontrunners.

NHOA Energy signed an agreement with Statkraft to supply a battery energy storage systems (BESS) for a 113MWh project in Coylton, Scotland.

Octopus Energy’s head of flexibility discussed its tolling deal with Gresham House for nearly 1GWh of BESS projects, including how they will fit into its VPP portfolio and whether their energy market activity could change under its control.

RWE has moved forward with proposals for a 350MW battery energy storage system (BESS) to be located next to its Pembroke Power Station in Wales, UK.

Liquid air energy storage firm Highview Power has raised £300 million (US$384 million) from the UK Infrastructure Bank and utility Centrica to immediately start building its first large-scale project.

We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.

Utility Octopus Energy will pay Gresham House Energy Storage Fund (GRID) a fixed fee to use half of its UK BESS portfolio, at a price which it said is ‘above the current merchant revenue stack’.