Arclight Capital Partners has committed US$150 million to its energy storage platform Elevate Renewable Energy for deploying battery storage alongside its legacy thermal plant portfolio.

India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.

Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.

Austria-based utility Verbund is targeting 1GW of battery storage by 2030, it revealed in a ribbon-cutting ceremony for a recent project in Bavaria, Germany.

Solar Media Market Research analyst Mollie McCorkindale offers insight into the market’s progress in 2022, another record-breaking year.

Energy storage and electric mobility solutions provider NHOA increased revenues from energy storage tenfold year-on-year from 2021 to 2022.

This edition of news in brief from around the world in energy storage comes from our UK colleagues at Solar Power Portal.

Infrastructure developer and investor Equis is seeking approval for a 200MW/800MWh battery storage project in Queensland, Australia.

Major international finance groups have contributed to a raise of more than half-a-billion US dollars in funding for developer Hecate Energy.

The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.