Global average prices for turnkey battery storage systems fell by almost a third year-over-year, with sharp cost declines expected to continue.

A total of around 4.9GW/14GWh of grid-scale BESS entered commercial operations around the world last month, a 29% fall year-on-year owing to an unusually slow month in China.

Waratah Super Battery developer Akaysha Energy has put the first phase of its Ulinda Park BESS project into operation in Queensland, Australia.

Trade association Energy Storage Europe (ESE) has welcomed proposed reforms to European Union (EU) grid connection and permitting processes.

A new battery energy storage system (BESS) cybersecurity whitepaper from consultancy firm The Brattle Group and cybersecurity solutions provider Dragos claims that a single 100MW/400MWh BESS outage could result in US$1.2 million in monthly losses.

Results of an auction to procure large-scale energy storage to support the electric grid in South Korea will be announced in February.

The Ministry of the Environment in Poland has shortlisted projects for an energy storage capex support programme totalling 4.15 billion PLN (c.€1 billion), with 183 eligible to progress to the next round.

System integrator Guoxia Technology has obtained approval for its main board listing on the Hong Kong Stock Exchange.

A 100MW/400MWh BESS, the biggest project of its kind by output in Southeast Asia, has been welcomed into operation in Sabah, Malaysia.

Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.