Enough money invested in long-duration energy storage technologies and projects over the past three years to result in 57GW of deployments.

Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.

Bushveld Minerals is restructuring its investment in vanadium redox flow battery (VRFB) firm CellCube, increasing it slightly to 27.6%, as part of its own energy storage business carve-out.

A 50MW solar PV plant in Togo will be expanded to 70MW capacity, while grid-scale battery storage will also be added at the site.

New company deploying off-grid renewable energy solutions in Benin will carry out €8.5 million of electrification projects within a year.

Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.

China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.

With nearly half of global emissions coming from heat processes, clean long duration energy storage (LDES) which can store thermal energy are crucial for decarbonisation, says a new LDES Council report.

Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.

More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.