The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.

Australia has an “urgent need” for long-duration energy storage, along with new generation resources and transmission infrastructure.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

Two large-scale battery storage systems which will help power iron ore mining operations in Western Australia have been commissioned.

Proposed changes to rules and regulations will strengthen the Philippines’ position as leading energy storage market in the ASEAN region.

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.

Australia wants to leverage its position as a mining and minerals hub to capture opportunities in the battery industry.