Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.

Large-scale battery storage systems will be used to increase the efficiency of natural gas peaker plants in California.

The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.

The government of Queensland seeks input on its battery industry strategy, while an engineering provider has been appointed for a large-scale battery gigafactory in Victoria.

A handful of companies are trying to get in early and design and deploy ‘second life’ energy storage units using EV batteries ahead of an expected boom in supply in the second half of the 2020s.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

Advanced compressed air energy storage company Hydrostor has signed PPA for flagship large-scale project in California.

Dominion Energy South Carolina has contracted a power purchase agreement for US$200 million solar-plus-storage power plant in the state.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Mateo Jaramillo, CEO of long-duration energy storage startup Form Energy responds to our questions on 2022 and the year ahead.