Zinc battery storage company Eos Energy Enterprises has received positive news from the US Department of Energy (DOE) regarding a US$398.6 million loan.

New York’s governor Kathy Hochul has welcomed the start of commercial operations at the US state’s first BESS project in public ownership.

Just over a year ago, the passing of the Inflation Reduction Act brought in what has been considered the biggest legislative action on climate seen in the US.

Sumitomo Electric will supply an 8-hour duration vanadium redox flow battery (VRFB) to a recently-established municipal power company in Niigata, Japan.

Total installed battery storage capacity in the US reached 12.689GW by the end of the second quarter, S&P said.

Proposed new ancillary service market rules could adversely impact business case for battery storage, Cornwall Insight Australia says.

UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.

More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.

Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.

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