The UK’s government must “take the brakes off” the progress of energy storage by implementing the right policy framework without delay, according to Members of Parliament (MPs) from across the political spectrum.

The Indian Budget has seen a hike in customs duty for lithium-ion batteries from 10% to 20%.

Energy storage in the state of South Australia has continued its prolific pace of development with the announcement of two new grid-scale projects and a sizeable commercial and industrial (C&I) installation.

California has proved energy storage is both effective and cost-effective as a capacity resource, leading to one utility being instructed to hold competitive solicitations for energy storage, the head of the California Energy Storage Alliance (CESA) has said.

Battery storage and demand-side response have continued to play a crucial role in the UK’s power mix, together landing more than 500MW of contracts in the most recent T-1 Capacity Market auction.

Members of the public in South Australia are being given the chance to participate in creating the biggest ‘virtual power plant’ of solar PV and batteries the world has ever seen.

We continue with the second part of our feature interview with clean energy entrepreneur and financier Jigar Shah of Generate Capital. We’ve just left off discussing the risk profile of various investors and how the industry is gradually drawing attention from more traditional sources of capital, from the early adopter-venture capital mentality we have seen to date.

A 3,000MW energy storage target, proposed in Arizona as part of a grid modernisation policy, recognises the role of the technology in reducing the need for fossil fuels to stabilise the grid, a consultant has said.

Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.

SunEdison founder and solar financing pioneer Jigar Shah talked to Andy Colthorpe about having the ‘freedom to invest’ for the biggest impact and why, with traditional lenders still reluctant to finance energy storage, there will always be space for frontrunners who are able to properly understand the value propositions of new and innovative sustainable technologies.