The government of New Zealand considering viability of pumped hydro among its options to plug energy deficits of between 3TWh and 5TWh.

Amarenco has raised €300 million, enabling asset management firm Arjun Infrastructure Partners to acquire a minority stake in the company.

The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform launched by Macquarie last year.

European Commission’s categorisation of energy storage technologies in the Net Zero Industry Act is a “huge victory,” one source said.

Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.

The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC. 

Australian Vanadium has secured a site and progressed the design and development of a flow battery electrolyte facility in Western Australia.

A solar-plus-storage project combining 300kW of PV and a 2MWh battery energy storage system (BESS) has been installed in the Polynesian archipelago nation of Tonga.

More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act, according to a new study.

The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.