A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. 

Battery storage will be a valuable asset for enhancing and upgrading the electric transmission and distribution (T&D) system of California.

Jamaica has received proposals from a consortium of local and international companies to implement a proposed pumped hydro electric storage (PHES) project.

The state government of New South Wales in Australia is opening up a competitive procurement process for Waratah Super Battery.

KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.

A newly-announced battery gigafactory in the US from startup SPARKZ will make batteries suitable for grid storage and will be built in the heart of Appalachian coal county in West Virginia. 

Dominion Energy Virginia has received approval to expand its portfolio of solar and energy storage.

Island nations Mauritius and Barbados have both begun renewable energy procurement processes that involve energy storage.