LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.

Developer Cypress Creek Renewables has acquired four standalone energy storage projects totalling 400MW/600MWh in Texas, US, from Black Mountain Energy Storage (BMES).

Georgia’s Public Service Commission (PSC) has approved state utility Georgia Power’s 2022 Integrated Resource Plan.

The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.

E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.

India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.

Innergex has completed a BESS project in France, using a solution designed by a subsidiary of utility Hydro-Québec.

Early engineering work has begun on a hybrid power plant project at a uranium mine in the Republic of Niger.

The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.