News in brief from around the world in energy storage.

Global battery energy storage system (BESS) integrator Powin has sold a minority stake to Samsung Venture Investment Corporation.

Dubai Electricity and Water Authority has neared the halfway completion mark of a 250MW pumped hydro project.

The secretary-general of the UN has highlighted the crucial role battery storage can play in tackling the global climate crisis.

Amazon has added 37 new renewable energy projects to its portfolio, including two solar-plus-storage plants. 

Solar PV inverter manufacturer Sungrow has signed a 253MWh battery energy storage system (BESS) contract with Doral Renewable Energy Resources Group, its third in Israel this year.

A new 1GWh lithium iron phosphate (LFP) battery factory in Turkey serving the energy storage system (ESS) market will start production in Q4 2022.

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

News in brief from around the world in energy storage.

Sungrow will supply a 16MW/64MWh battery energy storage system to a customer in Israel.