The average cost of a data breach in the energy industry is US$6.39 million for a single incident, according to research published by IBM.

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.

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

New Zealand state-owned energy company Meridian Energy has committed to a 100MW battery storage project with BESS to be provided by Saft.

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

RWE has unveiled plans for an up to 600MW solar development on land in in northern England.

Another serving of news in brief from around the world in energy storage.

California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.