Australia’s Clean Energy Finance Corporation (CEFC) and the Octopus Group have followed up their recent development deal for a mixed renewables hub.

News in brief from around the world in energy storage.

The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Emad Zand, president of Northvolt Systems, on factors impacting the growth of a European battery storage industry.

Centrica Business Solutions has acquired a 30MW battery energy storage project which will help manage North Sea offshore wind farms.

Australia logged its first year of annual battery storage deployment exceeding 1GWh in 2021.

A 50MW/50MWh BESS will demonstrate the ability of smart inverter technologies to support the stability of the power grid in Australia. 

Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. 

Battery storage will be a valuable asset for enhancing and upgrading the electric transmission and distribution (T&D) system of California.

The state government of New South Wales in Australia is opening up a competitive procurement process for Waratah Super Battery.