Engineering group Gamuda and infrastructure developer Ferrovial have been signed up in an early contractor involvement (ECI) deal for a 12GWh pumped hydro energy storage (PHES) project being developed in Queensland.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.
PT Sembcorp Renewables Indonesia, a wholly owned subsidiary of Singapore-headquartered engineering firm Sembcorp, and state-owned PT PLN Nusantara Renewables have launched a utility-scale solar-plus-storage project in Indonesia.
System integrator Powin contributes to the latest of our Year in Review series, after a year in which it expanded into Europe and launched a new BESS product.
Chinese battery manufacturer Rept Battero has announced plans to develop an 8GWh gigafactory in Indonesia specialising in lithium-ion cells for battery energy storage systems (BESS).
Energy storage deployments globally increased by over half in 2024, with the grid-scale segment the driver of this, market intelligence firm Rho Motion’s head of research writes in this contributed article.
