The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.

The Asian Development Bank is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh pilot project in Delhi, India.

National science agency CSIRO has said Australia needs multiple energy storage technologies at massive scale to achieve its transition.

UK utility SSE has put £100 million (US$123 million) into its Coire Glas pumped hydro project in Scotland for pre-construction activities, but said that new policy is needed for it go to final investment decision (FID).

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

The UAE should deploy 300MW/300MWh of battery energy storage system (BESS) capacity in the next three years, according to one of its main utilities EWEC. 

rPlus Hydro has submitted a Final License Application for a pumped hydro energy storage (PHES) plant in Nevada, US, its second Application in 2023.

The UK government is looking to bring in policy specifically around long-duration energy storage (LDES) by the end of next year.

Swathes of energy storage projects including battery storage and pumped hydro have been approved by the regulator in Greece, as the country prepares for a big battery storage auction.