LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.

Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.

Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.

Indian Prime Minister Narendra Modi attended inauguration for energy network enabling entire town to source its electricity from solar PV.

Turkey’s moves to adapt energy market rules will create “exciting” opportunities for energy storage and renewables.

Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

Greenko has selected Andritz to carry out electromechanical works on a pumped hydro project in Madhya Pradesh, India.

Shanghai-based WeView has raised US$56.5 million in several rounds of financing to commercialise the zinc-iron flow battery energy storage systems technology originally developed by ViZn Energy Systems.

Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.