India’s Ministry of Power has significantly increased the size and scope of its Viability Gap Funding (VGF) scheme to support battery storage projects.

Texas, US, Governor Greg Abbott signed a law placing mandates on decommissioning battery energy storage system (BESS) facilities at the end of their lifecycle.

Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.

China continues to dominate BESS deployments globally with 4.3GW/11.2GWh of deployments in May, including a 1GWh flow battery system.

US energy storage markets could see a “last-minute rush” followed by plummeting installation numbers if tax credit incentives are cut.

India Energy Storage Alliance president Debmalya Sen takes a comprehensive look at national and regional efforts to promote and deploy much-needed energy storage capacity.

Australia’s Victoria government has fast-tracked a 400MWh battery energy storage system (BESS) and 500MW solar-plus-storage project via its Development Facilitation Program (DFP).

Ascend Analytics recently released its ERCOT Market Report, Release 5.2, containing power market forecasts from the company.

Developers Acacia, Green Tower and Eren Industries have partnered to develop and build 500MW of standalone BESS in France.

Daiwa Energy & Infrastructure has bought a minority stake in large-scale BESS projects from independent power producer (IPP) Enfinity Global.