Powin Energy is the latest international company to target rising opportunities in India.

Japanese conglomerate Mitsui & Co. has invested in a 1,300MW wind-plus-solar-plus-storage project development in India.

Technologies from US V2G solutions company Nuvve and NGK’s sodium sulfur batteries will provide ancillary services and other grid stability applications in Japan. 

Philippines’ investor-owned utility AboitizPower and Norwegian renewables group Scatec have signed a EPC agreement with Hitachi Energy for it to build a 20MW/20MWh battery storage system, set to go online in 2024.

One of the world’s biggest vanadium redox flow battery energy storage systems has come online on the northern Japanese island of Hokkaido.

The government of Western Australia is funding work to assess a potential battery energy storage system (BESS) project which would be the biggest built in the state so far.

Lucky Cement, the largest cement producer in Pakistan, is launching a solar-plus-storage project with 5.589MWh of energy storage, which it claims would be the largest in the country.

Fluence has formed a partnership with TECO Group to pursue energy storage opportunities in Taiwan’s growing market.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

JSW Energy, part of Indian conglomerate JSW Group, has inked a memorandum of understanding with the Chhattisgarh government to build a 1GW pumped hydro storage project.