Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.

Global battery storage system integrator Powin and recently-launched EPC firm Linxon have secured battery storage project contracts in ERCOT, Texas, totalling 400MWh and 200MWh respectively.

Australia will launch its first tenders for large-scale energy storage resources during this year, minister says.

NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South Wales, Australia.

A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity.

Battery energy storage system (BESS) integrator Powin has announced a 3GWh purchase agreement with China-based lithium-ion battery supplier Rept.

Clean energy trade bodies ACP, ACORE and SEIA have denounced an attempt by Republicans to roll back the Act, which has spurred unprecedented investment in the US market.

LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.