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CIP partially divests 1 GWh BESS to Scottish state bank, nuclear decommissioning fund
Scottish government investment vehicle and nuclear decommissioning fund take a stake in utility-scale BESS project. The transmission-connected BESS is expected to come online in 2028 and has already secured state-backed and private sector contracted revenue.
Jun 08, 2026
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Philippines: Acwa advances 500 MW solar and BESS, Ib Vogt reaches financial close
Saudi Arabian developer signs lease with government-owned development authority to build co-located plant in special economic zone. Ib Vogt solar-plus-storage project secured financial close in Western Visayas, identifies the Philippines as key Southeast Asia market.
Fox ESS opens second factory in Wenzhou as global BESS demand grows
Chinese BESS manufacturer reports automation at new plant has markedly reduced time on the line. Located in Wenzhou, a port city in southeastern Zhejiang province, the plant will focus on battery energy storage system (BESS) products according to Fox ESS.
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UK regulator unveils first details of LDES cap-and-floor scheme
Ofgem sets out proposals for long-duration energy storage support scheme in letter to industry. Increased minimum capacity requirements and secured grid connection agreements floated as regulator acknowledges need to move quickly to meet government deployment targets.
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