The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

Round-trip efficiency of alternative storage technologies is the standout metric for assessing their potential versus lithium-ion.

The US energy storage market’s rapid growth is going to lead to scrambles for available battery supply, leading many to consider alternative technologies to lithium-ion.

A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology.

British energy storage company OXIS has claimed that the advent of economically viable solar PV and energy storage technology represents a paradigm shift in developing countries.

A 1MWh battery developed by US manufacturer Aquion Energy and installed at a private estate in Hawaii will allow the area’s residents to meet almost all of their electricity demand with power generated from a connected solar array.