A €600,000 grant from Enterprise Estonia and KredEx has been given to a pumped hydro energy storage project in the Baltic state.

Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.

SRP has signed deals for two large-scale battery energy storage systems (BESS) that bring the Arizona utility to 800MW of energy storage.

Electricity Market Authority confirmed the Southeast Asia region’s largest battery storage project on course for commissioning in November.

More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.

New developer GridStor has acquired a portfolio of in-development battery storage projects in LA, California, from Upstream Energy, totalling 500MW/2,000MWh.

Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.

rPlus Energies has signed a long-term power purchase agreement (PPA) for 400MWac/200MW solar-plus-storage project in Emery County, Utah.

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.