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.

India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.

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.

California’s net metering successor is controversial, but residential battery storage providers Neovolta and Sonnen have greeted it warmly.

This edition of news in brief from around the world in energy storage comes from our UK colleagues at Solar Power Portal.

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.

European policy makers need to strengthen the role of flexibility technologies, write Fluence’s Julian Jansen and Lars Stephan.

Fotowatio Renewable Ventures (FRV) has entered the German market, targeting development of 2GW of solar and energy storage assets by 2027.

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.