Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).

LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

South Africa’s primary electricity supplier Eskom has announced details of forthcoming major battery storage deployments.