Energy storage plays important role across multiple sectors in a plan for the “deep decarbonisation” of New York State approved this week.

A 200MW/400MWh BESS has gone live in Ningxia, China, equipped with Hithium lithium iron phosphate (LFP) cells.

Renewable energy hub in Australia which will include 16-hour pumped hydro plant acquired by Copenhagen Infrastructure Partners (CIP).

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

ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.

Australian energy ministers’ agreement to tender for renewable energy and energy storage is a “major breakthrough in federal policy”.

The average cost of a data breach in the energy industry is US$6.39 million for a single incident, according to research published by IBM.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.

New South Wales has pledged financial support to pumped hydro project, while state’s first grid-scale BESS is in full commercial operations.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.