The Council of Menorca, one of Spain’s Balaeric islands, has detailed its energy transition plan for the next four years including 18MWh of distributed battery energy storage systems (BESS).

The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage manufacturing.

LG Energy Solution saw its revenues fall 30% in the second quarter of the year amidst a global EV market slowdown, and the company says its ESS segment could help offset this.

Honduras has launched a consultation on regulatory changes to its electricity network to help better integrate energy storage, which it said is key to maintaining stability, efficiency and sustainability of the network.

According to Mercom Capital, companies in the energy storage space raised US$15.4 billion in corporate funding globally in the first half of 2024.

The Ministry of Energy and Water Resources (MoEWR) of Somalia has issued a competitive tender for the provision of solar and storage technology at 46 different sites in the country.

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.

While Chinese companies dominated the square footage at ees Europe / Intersolar Europe in Munich last month, some project developers are still keen on prioritising products made closer to home.

Battery storage technology well and truly arrived at this year’s edition of Glastonbury, the world’s largest music and arts festival, helping power numerous parts including the Arcadia stage.

The Provincial Electricity Authority (PEA) of Thailand will assess the feasibility of energy storage business models in partnership with a subsidiary of state-owned oil & gas company PTT Group.