Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. 

The state government of New South Wales in Australia is opening up a competitive procurement process for Waratah Super Battery.

Indonesia’s state-owned utility and battery producer have launched a 5MW battery energy storage system (BESS) pilot project, the first up to 2GW of battery storage it could deploy on its national grid.

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

Tesla has been contracted to provide 300MWh of its Megapack BESS for projects in development by Edify Energy in Australia. 

Australia’s biggest utility company looks set to be in ownership of the country’s biggest battery storage facility.

Australia’s Prime Minister Scott Morrison has announced financial support for four technology sector manufacturing projects, including a vanadium processing plant.

Australian pension fund Hostplus will invest in a JV to build a 1.5GW renewable energy park.

Reliance New Energy Limited, part of the massive Indian conglomerate, has acquired LFP battery manufacturer Lithium Werks for US$61 million two months after buying a sodium-ion battery producer.

Fluence’s software will be used at the first battery storage project in Australia by Spain’s Gransolar Group.