EV batteries made by Mercedes-Benz will be given a new lease of life in stationary energy storage systems (ESS). 

Fluence has formed a partnership with TECO Group to pursue energy storage opportunities in Taiwan’s growing market.

News in brief from around the world in energy storage, this time with a distinctly UK flavour.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

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.

Insurance is a cornerstone of de-risking financing and investment into energy storage

A plan to turn Australian island state Tasmania into the ‘Battery of the Nation’ has taken a step forwards.

Sungrow has announced a new partnership with Statera Energy, to supply a 362MW/391MWh energy storage project in the UK.

Update 5 April 2022: A Hyosung Heavy Industries representative told Energy-Storage.news the BESS will be 48MW rated output with 192MWh capacity.