Canadian Solar subsidiary Recurrent Energy has acquired two standalone energy storage projects in development totalling 400MWh in the ERCOT, Texas market.

Novel project in development in Australia combining CSP, molten silicon thermal storage, solar PV and grid-scale BESS appears to be revived.

Western Australia will retire its two state-owned coal power plants by 2030 and invest in renewable energy and energy storage.

Global battery energy storage system (BESS) integrator Powin has sold a minority stake to Samsung Venture Investment Corporation.

Lithium-ion battery recycling specialist Li-Cycle reported US$8.7 million in revenues for the quarter ended April 30, 2022, more than double the previous quarter.

KORE Power will provide batteries for a 20MWh battery storage project under development between ABB and UK green energy supplier Ecotricity.

US energy storage industry is going strong despite delays due to supply chain issues, interconnection queue waiting times and other factors.

Mining giant Rio Tinto has invested US$10 million in battery materials company Nano One, a few weeks after Nano One acquired the lithium iron phosphate cathode business of Johnson Matthey.

Sembcorp is building 200MWh of battery storage systems on Singapore’s Jurong Island, home to much of the country’s industrial activity.

Gujarat will sign power purchase agreements for renewables paired with energy storage to bring electricity to off-grid villages.