Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Global system integrator Fluence has been awarded a 60MW/96MWh battery energy storage system (BESS) order in Taiwan for the country’s state-owned utility.

SECI has launched a 500MW/1,000MWh pilot tender for standalone battery storage.

Deadline for commissioning large-scale battery storage for California utility Southern California Edison might be missed, Ameresco has said.

Vanadium flow battery supplier Invinity Energy Systems has signed a memorandum of understanding with the power and industrial systems arm of Korean conglomerate Hyosung Corporation to commercialise its batteries in South Korea and elsewhere.

Powin Energy is the latest international company to target rising opportunities in India.

Technologies from US V2G solutions company Nuvve and NGK’s sodium sulfur batteries will provide ancillary services and other grid stability applications in Japan. 

One of the world’s biggest vanadium redox flow battery energy storage systems has come online on the northern Japanese island of Hokkaido.

Lucky Cement, the largest cement producer in Pakistan, is launching a solar-plus-storage project with 5.589MWh of energy storage, which it claims would be the largest in the country.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.