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.

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.

ESS Inc. has received UL1973 certification for the battery modules in its utility and industrial flow battery energy storage systems.

Adopting an “agile working method” without taking any shortcuts on safety or other standards was crucial to DNV testing and certifying a 200MW battery project in Singapore in “record time”.

Madison Gas and Electric has purchased a solar and battery storage plant with combined capacity of 465MW with WEC Energy Group.