Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent project in Bavaria, Germany.

The virtual power plant (VPP) network of residential solar and battery storage provider Sunrun in the US is being managed by Lunar Energy, a recently-formed firm in which Sunrun is a shareholder.

Lithium-ion battery recycling firm Li-Cycle saw its overall revenues fall 32% in its fourth quarter, due to two separate factors related to a fall in metals prices.

Energy storage and electric mobility solutions provider NHOA increased revenues from energy storage tenfold year-on-year from 2021 to 2022.

California’s net metering successor is controversial, but residential battery storage providers Neovolta and Sonnen have greeted it warmly.

This edition of news in brief from around the world in energy storage comes from our UK colleagues at Solar Power Portal.

Infrastructure developer and investor Equis is seeking approval for a 200MW/800MWh battery storage project in Queensland, Australia.

Major international finance groups have contributed to a raise of more than half-a-billion US dollars in funding for developer Hecate Energy.

Zinc-air flow battery company Zinc8 Energy Solutions has won US$9 million in state tax credits for its new manufacturing facility in Ulster County, New York.

The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.