Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.  

Nearly double the megawatt-hours of large-scale BESS under construction in Australia by the end of 2022 compared to 2021.

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.

Turkey pre-licensing energy storage facilities paired with renewables, with around 20GW expected to be granted within three years.

ACT government has partnered with developer Eku Energy to deliver its flagship Big Canberra Battery project.

News in brief from around the word in energy storage with another edition of the Energy-Storage.news roundup.

Locally-produced BESS product will support energy transition and boost industrial competitiveness, a government minister has said.

Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

The Asian Development Bank is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh pilot project in Delhi, India.

Maoneng joint venture has begun work on a 240MW/480MWh battery energy storage system project in Mornington Peninsula region of Victoria.