World leaders attending COP29 next month have been encouraged to sign a pledge to collectively increase global energy storage capacity to 1,500GW by 2030.
We speak to Sunrun senior director of market development and policy, Chris Rauscher, in the final instalment of our series of energy storage industry leader interviews at RE+ 2022.
US national Energy Storage Association (ESA) members voted to approve a merger with the American Clean Power Association, starting a “powerful new chapter for energy storage,” according to ESA Interim CEO Jason Burwen.
The city council of Melbourne, Australia, has committed AU$300,000 from its 2021 budget to fund a pilot scheme which could lead to the rollout of 5MW of community battery storage systems by 2024.
Australia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wider pledge to support resources and critical minerals sectors in the country.
Regulatory approval has been given for a 100MW / 400MWh battery energy storage system (BESS) facility which will be sited on land formerly occupied by a natural gas and oil-fired power plant which had been described as one of New York’s biggest sources of pollution.
NASDAQ-listed zinc-based electrochemical battery storage provider Eos Energy Enterprises has said that a subsidiary of Koch Industries has committed to investing US$100 million into the company.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
Large-scale liquid air energy storage (LAES) systems which can store and discharge energy for up to six hours are being planned in Spain by technology provider Highview Power.