The EU’s European Investment Bank has pledged support for a long-duration thermal energy storage project and a gravity-based energy storage demonstration project.
A programme incentivising the deployment of customer-sited energy storage systems (ESS) has been launched by the two main investor-owned utilities serving the US state of Connecticut.
Maoneng has been granted development approval for its proposed 240MWp/480MWh battery energy storage system (BESS) in Victoria, Australia, which in megawatt-hour terms will be the country’s biggest project of its type so far.
An Indian government scheme to support domestic battery manufacturing received bids totalling 130GWh of proposals, more than double the anticipated 50GWh of capacity the incentives will support.
The start of work on a hybrid renewable energy project combining large-scale wind power, solar PV and energy storage, marks “an important moment in South Australia’s clean energy transition,” the state’s energy minister has said.
California’s inclusion of US$380 million financial support for long-duration energy storage projects could “activate” up to 20 projects in the US state, which has a “tremendous need” for energy storage.
Battery storage is begin assessed as a means to maximise the value of solar PV in Vietnam, with asset management group Dragon Capital having hired consultancy AqualisBraemar LOC Group (ABL Group) to conduct feasibility studies.
Governor Kathy Hochul of New York has been applauded for recognising the importance of energy storage as a key technology for achieving climate, clean energy and economic growth goals.
