UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc.

An AU$120 million (US$81.34 million) government funding round has opened in Australia for community battery energy storage projects.

The Australian market for residential battery storage grew by an estimated 55% in 2022 from the previous year, according to SunWiz.

Enel X and Magaldi Group have begun construction on 13MWh thermal energy storage plant based on patented technology.

Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

Germany’s installed based of large-scale energy storage predicted to roughly double in the next couple of years, after 2022 saw a comeback.

Agilitas Energy, a developer of distributed and smaller utility-scale solar PV and battery storage projects in the US, has entered the Texas ERCOT market.

US energy efficiency and renewables company has entered into “strategic relationship” with Australian flow battery provider.

Metal-hydrogen battery company EnerVenue will open a manufacturing factory with a 1GWh annual capacity in Kentucky expected to begin production by the end of the year.

The government of Nova Scotia amends Electricity Act with the view to accelerating the deployment of energy storage.