Europe needs to act now to prevent an outflow of investment from its burgeoning battery manufacturing ecosystem in light of the US’ Inflation Reduction Act, the EU-founded European Battery Alliance (EBA) has said.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.

New South Wales has pledged financial support to pumped hydro project, while state’s first grid-scale BESS is in full commercial operations.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.

In the past few days, EU policymakers have made decisions on key aspects of legislation that have been welcomed by industry group EASE.

Investor Claritas and system integrator Hynfra Energy Storage (HES) have signed a framework agreement to deploy half a gigawatt of utility-scale battery energy storage in Poland.

Eight large-scale BESS projects in Australia have been selected to receive funding support worth AU$176 million.

The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage.

South Africa’s grid operator Eskom has issued a procurement notice for two grid-scale battery projects totalling 36MW/146MWh of energy storage, while the state-owned company’s CEO resigned this week.

Amazon Studios has begun swapping out diesel generators for mobile BESS equipment at sets for its TV and film productions in the US.