As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.

Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country’s Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.

Simply Energy, the Australian retail arm for ENGIE, will aggregate 6MW of Tesla household batteries together with 2MW of demand response at commercial premises in Adelaide in a project supported by the government-backed Australian Renewable Energy Agency (ARENA).