The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.

After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.

Battery storage system integrator FlexGen and battery manufacturer Hithium could be supplying each other with complementary technologies for large-scale battery energy storage system (BESS) projects.

The automotive component manufacturing unit of India’s Tata Group has supplied BESS units to an energy storage park under construction by Tata Power.

Maldives is seeking input on flow battery-based energy storage systems for two of the country’s 1,192 islands.

The Central Electricity Authority of India’s report identifies potential for bidirectional EV charging to serve as a grid resource.

Agreements to progress projects that include energy storage signed by Voltalia during Emmanuel Macron’s visit to Uzbekistan.

UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.

India’s cabinet has approved a 13GW renewable energy project, with a 7.5GW solar park, in the most northern state of Ladakh.

Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.