UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.

US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.

Edify Energy has closed financing on a battery storage project which will support the hosting of solar and wind at a government-designated Renewable Energy Zone (REZ) in Victoria, Australia.

The energy storage division of global solar PV manufacturer Trina Solar has debuted its Elementa 2 battery energy storage system (BESS) solution at All-Energy Australia.

Only half of the energy storage needed to properly integrate the potential solar PV additions globally by 2030 will be deployed based on current policies, the International Energy Agency (IEA) said in its World Energy Outlook report for 2023.

Australia’s National Electricity Market (NEM) has been handed the title of “most volatile electricity market” in the world, with an urgent need for energy storage to mitigate that volatility.

Malaysia’s minister of works has inaugurated the country’s first battery energy storage system linked to an electric vehicle charging station

Electric power distribution company WEL Networks and developer Infratec have launched their grid-connected battery energy storage system (BESS) in New Zealand.

Putting battery storage systems onto vessels off the coast of Singapore could be a way to mitigate the lack of suitable sites on land.

India’s cabinet has approved a 13GW renewable energy project, with a 7.5GW solar park, in the most northern state of Ladakh.