Cameron Murray talks to industry experts about the physical security risks to battery storage sites, and how the security and insurance aspects of operating BESS sites are evolving.

The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.

The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.

LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.

TotalEnergies will deploy a solar PV and battery storage project at Holcim’s Portland Cement plant in Colorado.

Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.

Vertically integrated energy storage company Kore Power is deploying a 41.2MWh BESS for a microgrid in Arkansas, US, with more downstream projects coming soon, president Jay Bellow told Energy-Storage.news.

The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.

Developer Spearmint Energy has acquired a portfolio of battery energy storage system (BESS) projects totalling 900MW in the ERCOT, Texas market, set to come online in 2025.