Global demand for batteries for energy storage system (ESS) applications will grow 30% during this year, with the US leading the charge, LG Energy Solution has predicted.

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The Indiana Utility Regulatory Commission (IURC) has given its approval to a proposed large-scale battery storage project in development in the US state by AES Corporation’s regional utility subsidiary.

Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.

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.