Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

Tesla has been contracted to provide 300MWh of its Megapack BESS for projects in development by Edify Energy in Australia. 

Developer Alcemi and investment group CIP have partnered for the development, construction and operation of a 4GW UK BESS portfolio.

The German battery storage market continues to be dominated by the residential segment which accounted for 93% of the 1,350MWh of capacity installed last year, according to research by a group of Aachen-based institutions.

Australia’s biggest utility company looks set to be in ownership of the country’s biggest battery storage facility.

The European Commission’s plan to lower dependency on Russian gas imports needs to focus on pairing renewable energy with energy storage.

Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.

Californian investor-owned utility San Diego Gas & Electric has ordered a 10MW, six-hour battery energy storage system (BESS), Emerald, from Mitsubishi Power.

Wisconsin investor-owned utilities Madison Gas and Electric (MGE) and WEC Energy have received regulatory approval to buy a 200MW solar and 110MW battery energy storage system (BESS) in Kenosha County.