Turkey and India’s policies towards battery imports and domestic production, astonishment at China’s 2023 deployment figures and sifting through some ‘bragawatt-hour’ claims in this week’s Friday Briefing.

UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.

Tesla’s energy storage and generation revenues have tripled since 2020, largely driven by deployments of Megapack battery storage systems.

Grenergy has signed a power purchase agreement (PPA) for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile.

Recurrent Energy, project development subsidiary of Canadian Solar, has secured a US$500 million equity investment from Blackrock.

A new grid-scale battery storage development platform has launched in Australia with Oliver Yates, former CEO of the Clean Energy Finance Corporation (CEFC), as its chairman.  

Up to US$16,000 in upfront incentives are available per customer for residential battery purchases in Connecticut after changes were made to a utility scheme in the US state.

Energy-Storage.news Premium hears how LFP import duties could encourage domestic supply chains to help meet demand for BESS in Turkey.

The government of Queensland, Australia, will invest in 48MW/96MWh of distributed battery storage and trial the use of flow batteries to integrate rooftop PV generation into local networks.

Battery storage is playing an active role in helping New York City retire its fleet of peaker power plants, with around 700MW of its most polluting power generation assets already fully retired.