We hear from two battery storage insurance industry sources about how they view the technology and the main risks they assess when designing policies.

Deutsche Telekom has announced the first battery energy storage system installation in a 300MWh rollout in Germany, with Norwegian firm Pixii the technology provider.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.

The problem of changes to battery cell order pricing because of raw material index (RMI) pricing has now improved for energy storage offtakers, EPC firm Burns & McDonnell told Energy-Storage.news.

Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.

The ‘hype cycle’ around long duration energy storage (LDES) is coming to an end and 2023 will be the year when companies must prove their technology can live up to its promises.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

Finland telecommunications firm Elisa has received €3.9 million from the government to form a VPP using batteries which could be the largest of its kind in Europe.