LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.

India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.

The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.

Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.

In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.

Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.

Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.

Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.

Construction has begun on a large-scale hybrid renewable energy project combining wind, solar PV and energy storage in Australia.