The UK residential energy storage market has moved from primarily being about coupling with solar PV to one where users seek to take advantage of time-of-use tariffs, solutions provider GivEnergy told Energy-Storage.news.

Average revenues for the Gresham House Energy Storage Fund doubled from February to April this year, fund manager Gresham House said in its full year 2023 results.

G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.

Natron Energy has started commercial-scale operations at its sodium-ion battery manufacturing plant in Michigan, US, and elaborated on how its technology compares to lithium-ion in answers provided to Energy-Storage.news.

EPC and developer Eco Stor has broken ground on a 238MWh battery energy storage system (BESS) in Germany, one of several to have been claimed as the largest in the country.

The number of long-duration energy storage (LDES) technologies that will commercialise for applications beyond 24 hours ‘can be counted on one hand’, the CEO of compressed air energy storage (CAES) developer Corre Energy said in an interview.

IPP Neoen has launched construction on the the second phase of its Collie BESS project in Western Australia, following a capacity services contract award.

Market saturation in the Texas, ERCOT ancillary services market is already happening as the BESS buildout accelerates, Energy-Storage.news has heard.

China-based companies Sungrow and Eve Energy are seeing substantial growth in their energy storage product shipments.

Energy Vault and utility NV Energy have put a 220MW/440MWh battery energy storage system (BESS) into operation in Nevada, US.