Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.

Large-scale battery storage systems will be used to increase the efficiency of natural gas peaker plants in California.

The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.

The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.

Texas’ ERCOT grid is facing some extreme swings in its ability to match supply with growing demand for electricity in the US state.

The government of Queensland seeks input on its battery industry strategy, while an engineering provider has been appointed for a large-scale battery gigafactory in Victoria.

Independent power producer Clearway Energy Group has brought a 36MW solar PV plus 144MWh battery energy storage system project online in O’ahu, Hawaii, delivered by energy technology firm Wärtsilä.

A pair of 20.7MW battery energy storage systems have been added to the electricity grid in Bavaria, Germany, by Austria-based utility Verbund and developers ECO STOR and Kyon Energy.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

Advanced compressed air energy storage company Hydrostor has signed PPA for flagship large-scale project in California.