Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months.

Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.

Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.

Developers Taaleri Energia and Merus Power have partnered to deploy a 30MW/36MWh battery energy storage system in Finland, one of the country’s largest.

Proposed changes to rules and regulations will strengthen the Philippines’ position as leading energy storage market in the ASEAN region.

The US’ installed base of large-scale battery storage systems is expected to double in megawatt terms during 2023.

Hecate Grid, an independent power producer (IPP) developing utility-scale battery storage assets, has raised US$98.9 million through lenders.

Energy Networks Association has called on UK government to update energy security strategy to include energy storage by the end of 2023.

Portugal-based utility EDP has received clearance to deploy a 1MWh vanadium redox flow battery (VRFB) system as part of a hybrid energy storage project at the site of a retiring gas plant in Asturias, Spain.