Egypt’s government has signed contracts with developer AMEA Power for two large-scale battery energy storage projects, the country’s first.

IPP E energija Group has started building what it claims is the largest ‘private’ BESS project in Lithuania, a few weeks after the Baltic region decoupled from Russia’s electricity grid.

Toronto, Ontario-headquartered Hydrostor has received planning approval for a 200MW/1,600MWh advanced compressed air energy storage (A-CAES) project in New South Wales, Australia.

UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.

Developer-operator TransGrid Energy has successfully secured over US$1.4 billion in financing for two battery energy storage (BESS) projects located in Arizona, US, with a combined capacity of 450MW/1,800MWh.

California High-Speed Rail Authority (CHSRA) has commenced the permitting process for a 265MWh hybrid solar and BESS project.

LG ES will begin production of lithium iron phosphate (LFP) cells for stationary energy storage applications in the US this year.

European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.

Balance-of-plant (BOP) contractor Zenviron has secured a contract with EnergyAustralia to provide balance-of-plant design, construction, installation, and commissioning of a 350MW battery energy storage system in Victoria, Australia.

Latvia state-owned utility and power generation firm Latvenergo intends to deploy 250MW/500MWh of BESS in the next five years.