Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

The US Department of Energy Loan Programs Office has committed US$504 million to a 300GWh hydrogen storage project in Utah and another US$107 million to a graphite facility in Louisiana.

Peaker plant in Queensland which would have relied on 1,000MW of gas generation will instead combine turbines and batteries.

Volatility and demand for distributed energy solutions in Australia are among the motivations for UK’s GridBeyond to set up offices there.

Puerto Rico’s energy regulator released draft Request for Proposals for a minimum of 500MW of renewables and 250MW of energy storage.

Greece has doubled its 2030 target for energy storage deployment to 3GW as it aims for a renewable electricity generation proportion of 70%.

Renewable energy developer ZEN Energy has taken on responsibility for a 600-800MWh battery energy storage system (BESS) project in Western Australia while the regional government is funding a downstream graphite facility project for battery applications at the same location.

Debt and equity financing worth US$1.9 billion has been closed for one of the US’ largest solar-plus-storage power plants to date.

The German energy storage market continued to be dominated by the residential segment in 2021 although utility-scale battery revenues grew by nearly six times year-on-year, according to new figures from the national storage association.

Michigan governor Gretchen Whitmer unveiled a roadmap to achieving environmental goals, including energy storage deployment targets.