Facilities aimed at making products for the BESS industry announced by Turkey-headquartered Kontrolmatik and Ireland-headquartered Eaton.

e-Zinc, which claims its zinc metal-based battery technology could provide low-cost, long-duration energy storage has raised US$25 million. 

A 214 acre site which will host a battery cell gigafactory in Arizona, US, has been acquired by KORE Power.

Technologies from US V2G solutions company Nuvve and NGK’s sodium sulfur batteries will provide ancillary services and other grid stability applications in Japan. 

New York state is on course to meet its new 2030 target of 6GW of storage deployment, with storage projects in its interconnection queue growing 50% to 12GW.

Lucky Cement, the largest cement producer in Pakistan, is launching a solar-plus-storage project with 5.589MWh of energy storage, which it claims would be the largest in the country.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

Insurance is a cornerstone of de-risking financing and investment into energy storage

Microinverter supplier Enphase Energy has been selected by Vermont, US, utility Green Mountain Power to supply its home battery system for a virtual power plant (VPP) programme.

Utility Hawaiian Electric has launched a 10-year programme of credits and incentives to its Battery Bonus scheme, which launched last year as a one-time cash incentive for adding battery storage to residential PV systems.