The government of New Zealand considering viability of pumped hydro among its options to plug energy deficits of between 3TWh and 5TWh.

The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform launched by Macquarie last year.

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Australian Vanadium has secured a site and progressed the design and development of a flow battery electrolyte facility in Western Australia.

A solar-plus-storage project combining 300kW of PV and a 2MWh battery energy storage system (BESS) has been installed in the Polynesian archipelago nation of Tonga.

The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021.

The Senate of New Mexico has passed a bill, which will require investor-owned utilities to have 2GW/7GWh of energy storage online by 2034, the second such move by a US state this week.

The collapse of Silicon Valley Bank has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek and other developers.

Democrat lawmakers in Michigan have proposed a bill requiring utilities to have a combined 2,500MW of energy storage online by 2030, and are mulling a specific target for long-duration technologies.