Turkey and India’s policies towards battery imports and domestic production, astonishment at China’s 2023 deployment figures and sifting through some ‘bragawatt-hour’ claims in this week’s Friday Briefing.
UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.
A new grid-scale battery storage development platform has launched in Australia with Oliver Yates, former CEO of the Clean Energy Finance Corporation (CEFC), as its chairman.
Battery storage is playing an active role in helping New York City retire its fleet of peaker power plants, with around 700MW of its most polluting power generation assets already fully retired.
As India’s Union government prepares the fiscal year 2024-2025 budget for its unveiling, trade group India Energy Storage Alliance (IESA) has offered some recommendations to support the technology.
The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).
Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.