South Korea last week launched a competitive solicitation for large-scale energy storage systems on Jeju Island, a southern province of the country.

Closed-loop pumped hydro energy storage (PHES) has fewer emissions associated with its development, construction and use than other leading options for large-scale energy storage.

The Energy Storage Awards 2023 ceremony takes place in just over a month’s time, with winners selected by a panel of leading judges.

By the end of 2022, US co-located renewable and energy storage projects totalled 41GW of generating power and 5.4GW/15.2GWh of energy storage, according to Lawrence Berkeley National Laboratory (LBNL) analysis.

A recent draft final rule on reforms of grid interconnection processes from US regulator FERC has been welcomed by the energy storage industry, although many hurdles still remain.

Since the Inflation Reduction Act, US$270 billion of US clean energy investment has been announced while downstream projects in development have hit 185GW – 80% and 92% higher than four months ago.

Global PV inverter and energy storage system manufacturer-integrator Sungrow has signed another deal in Israel, agreeing to supply battery storage solutions for EDF Renewables.

US DOE Loan Programs Office has invited Nostromo into due diligence and terms sheet negotiations for a loan worth up to US$176 million.

The US saw roughly triple the amount of grid-scale battery storage installed in the second quarter of this year as it did in the preceding quarter, in megawatt terms.

Australia has opened a public consultation for scheme widely expected to be a game changer in rollout of clean energy technologies.