Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.

South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.

Multiple steps forward have been taken in Ontario in the development of Canada’s largest battery storage project to date.

The government of South Africa will soon issue a request for proposals (RFP) for 513MW of battery storage.

Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.

Proposed changes to rules and regulations will strengthen the Philippines’ position as leading energy storage market in the ASEAN region.

Energy Networks Association has called on UK government to update energy security strategy to include energy storage by the end of 2023.

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

US Senator Joe Manchin and fellow bipartisan colleagues have urged the Biden Administration to invest more in non-lithium energy storage technologies, while DOE Loan Programs Office head Jigar Shah expects companies developing the latter to broadly secure 1GWh orders this year.

ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.