The government of Queensland seeks input on its battery industry strategy, while an engineering provider has been appointed for a large-scale battery gigafactory in Victoria.

A handful of companies are trying to get in early and design and deploy ‘second life’ energy storage units using EV batteries ahead of an expected boom in supply in the second half of the 2020s.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.

Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.

Agilitas Energy, a developer of distributed solar PV and energy storage with a focus on the north-east US, is our latest contributor.

Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.

Enel X will pilot battery storage systems at two shopping centres in Australia with commercial real estate group Vicinity Centres.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.