E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.

Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.

The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.

Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.

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.