LG Energy Solution saw its revenues fall 30% in the second quarter of the year amidst a global EV market slowdown, and the company says its ESS segment could help offset this.

The Electric Reliability Council of Texas (ERCOT) has continued its 2024 energy storage deployment charge after it cleared 650MW worth of battery storage capacity for commercial operation during the month of June, according to the system operator’s monthly generation interconnection status report. 

Updating the New York Fire Code for battery storage will increase the safety and standardisation of installations in the state, with lessons learned from previous incidents, Energy-Storage.news has heard.

Turkey-based developer and IPP Fortis Energy has acquired a solar and battery energy storage system (BESS) project in Serbia.

IPP Enlight Renewable Energy has closed financing for the 1.2GWh BESS portion of its Atrisco solar and storage project in New Mexico, USA.

The benefits of advances in cell technology, which improve the performance and lifetime of battery storage systems, can be directly passed onto customers.

Honduras has launched a consultation on regulatory changes to its electricity network to help better integrate energy storage, which it said is key to maintaining stability, efficiency and sustainability of the network.

Revenues for the energy storage arm of NHOA Group fell in the first half of 2024 because of the market-wide fall in the price of BESS.

Tesla more than doubled its ‘all-time-high’ quarterly deployment numbers for energy storage in the second quarter of this year.

Leeton Shire Council, in NSW, Australia, has rejected a voluntary planning agreement offer submitted by ACEnergy, for a 250MW/1,100MWh BESS.