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Asia & Oceania
Australia projects drive trebling of energy storage revenues for Neoen
August 4, 2022
Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.
WoodMac downgrades US demand for energy storage in 2022/23 by one-third
August 3, 2022
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.
Upgrade at Tesla battery project demonstrates feasibility of ‘once-in-a-century energy transformation’ for Australia
July 28, 2022
Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.
LG Energy Solution: Lockdowns, logistics and materials prices cause dip in profitability
July 27, 2022
LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.
National Fire Protection Association affiliate surveys risks and mitigation for battery storage
July 27, 2022
Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.
India adds Energy Storage Obligation policy to renewable energy purchase scheme
July 26, 2022
India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.
Australian Capital Territory government ‘invests’ in 250MW battery project
July 25, 2022
The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.
First phase of 800MWh world biggest flow battery commissioned in China
July 21, 2022
Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.
Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total
July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
Tender for 10MW of battery storage won by Hero Future Energies in Kerala, India
July 20, 2022
Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.
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