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

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

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

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

GE Hydro Solutions has installed the final of four 300MW turbines at a pumped hydro energy storage plant in Anhui Province, China.

India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.

Ground operations for the aviation and space exploration sectors will be powered with the help of non-lithium battery technologies in Netherlands and Japan.

JSW Renew Energy Five has been given the official notice to go ahead with two large-scale battery storage projects it was awarded in a tender by the Solar Energy Corporation of India (SECI).

CATL is working with ‘safety science’ specialist UL Solutions on the safer deployment of batteries for stationary storage and transport applications.