The government of Western Australia is funding work to assess a potential battery energy storage system (BESS) project which would be the biggest built in the state so far.
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.
The high rates of return in the UK energy storage market seen in the last 6-12 months are unlikely to continue going forward as capex costs increase and ancillary markets saturate.
JSW Energy, part of Indian conglomerate JSW Group, has inked a memorandum of understanding with the Chhattisgarh government to build a 1GW pumped hydro storage project.