Green Deal Industrial Plan has been welcomed by the European Association for Storage of Energy, although mentions of energy storage included in a leaked draft seen by the industry group were absent from the final publication.
Arclight Capital Partners has committed US$150 million to its energy storage platform Elevate Renewable Energy for deploying battery storage alongside its legacy thermal plant portfolio.
Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.
Lithium-ion battery recycling firm Li-Cycle saw its overall revenues fall 32% in its fourth quarter, due to two separate factors related to a fall in metals prices.
The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.