China’s share of the lithium-ion battery cell production capacity market is set to fall from 75% in 2020 to 66% in 2030, according to Clean Energy Associates in a new report.

Energy-storage.news caught up with executives from two long-duration flow battery energy storage providers, ESS Inc. and Invinity Energy Systems, at the Energy Storage Summit 2022.

Energy storage provided a gigawatt of power to the grid in California during a wildfire in July last year, helping to keep the lights on.

China is targeting a non-hydro energy storage installed capacity of 30GW by 2025 and grew its battery production output for energy storage by 146% last year, state media has said.

The world’s largest combined lithium-vanadium battery energy storage system (BESS), the Energy Superhub Oxford (ESO), will soon start fully trading in the UK’s electricity market, showcasing the potential of hybrid assets.

Nearly 4.2GW of battery storage capacity was added to the US grid in 2021, according to a new report from BloombergNEF.

Energy storage could garner a market share of one-third by 2025 for the new, pan-European automatic frequency restoration reserve (aFRR) market, which is set to launch in the middle of this year with France and Germany mutualising capacity first.

for its US$1.2 billion colocated Gemini Project in Nevada, US, which will have a 1,416MWh battery energy storage system (BESS).

Trade body Flow Batteries Europe (FBE) has written to EU legislators imploring them to include its members products in the scope of upcoming Battery Passport regulations.

Greenbacker Renewable Energy Company and Blackstone-owned Aypa Power have acquired pre-operational battery energy storage system (BESS) developments totalling 110MW of power.