The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

News

April 8, 2024
US-based startups Torus and Alysm Energy have raised a combined US$145 million to scale up their non-lithium energy storage technology businesses.
April 8, 2024
The government of Estonia has signed a Memorandum of Understanding (MoU) for what would be the Eastern European country’s first pumped hydro energy storage (PHES) facility.
April 5, 2024
Gas and geothermal plant operator Calpine Corporation will bring 510MW of its 680MW capacity battery energy storage system (BESS) project in California online in summer 2024, with BYD battery units.
April 5, 2024
Developer Monsson Group and system integrator Prime Batteries Technology have inaugurated a 6MW/24MWh battery energy storage system (BESS) in Romania, the country’s largest.
April 5, 2024
The government of Alberta, Canada, has selected advanced and clean energy projects to receive CA$33.7 million (US$24.83 million) in grant funding, including a hydroelectric-plus-supercapacitor technology pilot.
April 4, 2024
Developer Elements Green has secured preliminary planning approval for a 400MW battery energy storage system (BESS) project in Germany.
April 4, 2024
Hyperstrong, the largest BESS system integrator in China, is targeting the US energy storage market after becoming one of the largest providers globally.
April 4, 2024
Battery manufacturer LG Energy Solution has started construction on its gigafactory in Arizona, US, which will have 17GWh of production dedicated to the energy storage system (ESS) market.
April 4, 2024
The US government has announced US$4 billion in tax credits for over 100 projects under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.
April 3, 2024
The European Commission has approved a €1 billion (US$1.1 billion) state aid measure for Greece to support two solar-plus-storage projects.

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