India’s Ministry of Power has significantly increased the size and scope of its Viability Gap Funding (VGF) scheme to support battery storage projects.

The New South Wales government has stacked the incentives available for a solar and home battery energy storage system (BESS) should it connect to a virtual power plant (VPP).

Texas, US, Governor Greg Abbott signed a law placing mandates on decommissioning battery energy storage system (BESS) facilities at the end of their lifecycle.

Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.

China continues to dominate BESS deployments globally with 4.3GW/11.2GWh of deployments in May, including a 1GWh flow battery system.

US energy storage markets could see a “last-minute rush” followed by plummeting installation numbers if tax credit incentives are cut.

Australia’s Victoria government has fast-tracked a 400MWh battery energy storage system (BESS) and 500MW solar-plus-storage project via its Development Facilitation Program (DFP).

Developers Acacia, Green Tower and Eren Industries have partnered to develop and build 500MW of standalone BESS in France.

Daiwa Energy & Infrastructure has bought a minority stake in large-scale BESS projects from independent power producer (IPP) Enfinity Global.

Utility and independent power producer (IPP) Engie has started commercial operations of its 48MW/264MWh battery energy storage system (BESS) Capricornio project in the northern region of Antofagasta, Chile.