LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.

India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.

Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.

Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.

Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.

News in brief from around the world in energy storage.

India is on the “cusp of a potential energy storage revolution,” according to authors of a new report on tenders launched in the country.

Energy-Storage.news proudly presents this sponsored webinar with Clean Horizon, discussing the prime potential of energy storage in India.

To integrate a targeted 500GW of non-fossil fuel energy onto India’s networks by 2030, at least 160GWh of energy storage will be needed.

The battery industry is at risk of falling into the trap of becoming too dependent on a single ingredient.