Hitachi Energy will supply equipment to improve the operational efficiency of a 45-year old pumped hydro plant in Austria for owner VERBUND.

A battery storage system in the UK has begun delivery of reactive power services, claimed as a world first contract of its kind.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months.

Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.

Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.

Developers Fotowatio Renewable Ventures and oEnergy have moved forward with environmental impact assessments (EIA) for two PV co-located battery storage projects in Chile, one of which is an eight-hour lithium-ion system.

Developers Taaleri Energia and Merus Power have partnered to deploy a 30MW/36MWh battery energy storage system in Finland, one of the country’s largest.

Proposed changes to rules and regulations will strengthen the Philippines’ position as leading energy storage market in the ASEAN region.

The US’ installed base of large-scale battery storage systems is expected to double in megawatt terms during 2023.