Solar Media Market Research analyst Mollie McCorkindale offers insight into the market’s progress in 2022, another record-breaking year.

This edition of news in brief from around the world in energy storage comes from our UK colleagues at Solar Power Portal.

Centrica to repurpose a former gas-fired power plant to include 28MW BESS and potential to develop off-grid hydrogen production and solar.

Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity.

TAE Technologies, a company involved in developing nuclear fusion technologies, has launched a subsidiary focusing on stationary energy storage and electric transport.

The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.

Exagen has submitted plans for a 500MW/1GWh battery storage project to Blaby District Council, in the Midlands region of England, UK.

Canadian Solar will supply 550MWh of battery storage equipment for developer Pulse Clean Energy’s UK projects.

The California Independent System Operator (CAISO) has enacted market rule changes to make it easier for energy storage to provide grid ancillary services and help grid reliability.

Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.