The decision by the new owners of UK gigafactory startup Britishvolt to pivot its initial focus towards energy storage rather than EVs has pros and cons, a senior industry consultant told Energy-Storage.news

British renewable energy investment company Thrive Renewables is offering Bristol Energy Co-operative up to 20% investment in its new 20MW/30MWh battery energy storage project, in a first for co-ownership.

A total of 16GW was added last year, equivalent to a 68% of year-on-year growth.

The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.

The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.

The government of Nova Scotia amends Electricity Act with the view to accelerating the deployment of energy storage.

EDF Renewables North America has signed a 20-year PPA with SCPPA for its 117MW solar PV project in Riverside County.

LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.

TotalEnergies will deploy a solar PV and battery storage project at Holcim’s Portland Cement plant in Colorado.

Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.