Recognising the multiple benefits and value streams that energy storage systems can bring, the Connecticut Public Utilities Regulatory Authority (PURA) has established a programme designed to spur 580MW of customer-sited storage deployment by 2030.
The European Union has raised the bar for standards in the battery supply chain with a set of regulations it intends to introduce, but a group of academics and industry experts has pointed out some drawbacks with its approach. One of those experts talks to Energy-Storage.news about the implications for stationary energy storage systems.
The city council of Melbourne, Australia, has committed AU$300,000 from its 2021 budget to fund a pilot scheme which could lead to the rollout of 5MW of community battery storage systems by 2024.
Tesla has reported more than 200% year-on-year increases in both solar and energy storage deployments for the second quarter of this year, during which time the company also produced and delivered more than 200,000 vehicles.
New HOrizons Ahead (NHOA), the e-mobility and energy storage company formerly known as Engie EPS, has set itself targets to install 1.7GWh of energy storage by 2025 as part of a new strategic ‘Masterplan’.
Australia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wider pledge to support resources and critical minerals sectors in the country.
Energy-Storage.news proudly presents this sponsored webinar with Honeywell, where we talk about the potential for battery energy storage across the Asia-Pacific region and how to address concerns around risk and bankability that hold back a powerful wave of decarbonisation opportunity.
Companies in the battery storage industry raised US$9.6 billion in corporate funding during H1 2021, with European manufacturing startup Northvolt once again the biggest single recipient of venture capital (VC) investment.