UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc.

An AU$120 million (US$81.34 million) government funding round has opened in Australia for community battery energy storage projects.

A fundamental rethink of the supply chain is required, writes Greg Pitt, VP of battery materials at Worley.

It is “vital” that energy storage systems are incorporated into the energy infrastructure of the Philippines, president has said.

The Australian market for residential battery storage grew by an estimated 55% in 2022 from the previous year, according to SunWiz.

Wärtsilä’s battery energy storage system (BESS) product Gridsolv Quantum has achieved the “best possible outcome” in UL9540A testing.

Germany’s installed based of large-scale energy storage predicted to roughly double in the next couple of years, after 2022 saw a comeback.

Agilitas Energy, a developer of distributed and smaller utility-scale solar PV and battery storage projects in the US, has entered the Texas ERCOT market.

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

The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.