Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.

Energy storage is becoming an indispensable new-type power system infrastructure, CATL CEO and chairman Robin Zeng said in an industry speech last week.

New Zealand energy storage company ArcActive has switched on a pilot lead-acid BESS in Victoria, Australia, with support from Origin Energy.

US energy storage developer Flatiron Energy has closed on approximately US$850 million for its 1,200MWh Energizar energy storage project in Chelsea, Massachusetts, US.

A trio of large-scale 4-hour BESS projects in Germany have progressed towards construction, from Enertrag and Enlight, Vattenfall and Fluence, and Giga Storage.

VSL PowerHive, a Vikram Solar subsidiary, announced a 7.5GWh BESS assembly plant in Oragadam, near Chennai, Tamil Nadu.

Australian energy company AGL has referred a 500MWh battery energy storage system (BESS) in Queensland to the federal government under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Around 20.4GWh of grid-scale battery energy storage systems (BESS) came online globally last month, bringing the year-to-date (YTD) total to 208GWh.

Energy storage owner-operator Nightpeak Energy has reached financial close and commercial operation on its 150MW/300MWh Bocanova 2 battery storage project in Brazoria County, Southeast Texas.

From the Midwest to New York, local and state governments are introducing new zoning rules and restrictions on BESS and data centre projects.