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climate crisis
How battery storage accelerates decarbonisation in Asia-Pacific
June 26, 2023
Energy storage can enable decarbonisation of economies around the world and Asia-Pacific is no exception. Hendrik Bohne of Aquila Capital looks at the examples of two leading examples in the region.
LG Energy Solution commits to ‘transparency’ on ESG
February 16, 2023
LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).
EU Electricity Market Design ‘needs to value energy storage and other flexibility options’
January 24, 2023
EU reforms of electricity market should recognise value of flexibility options like energy storage, according to representatives of Fluence.
US’ tax credit incentives for standalone energy storage begin new era
January 5, 2023
The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.
New York proposes grid-scale energy storage tenders in roadmap to meet 6GW target by 2030
January 3, 2023
A new roadmap outlining how New York can meet ambitious energy storage targets has been welcomed as “comprehensive and thoughtful”.
New York climate plan has ‘major role’ for energy storage across different sectors
December 22, 2022
Energy storage plays important role across multiple sectors in a plan for the “deep decarbonisation” of New York State approved this week.
‘Major breakthrough’: Australia’s support for energy storage tackles key electricity policy issue
December 21, 2022
Australian energy ministers’ agreement to tender for renewable energy and energy storage is a “major breakthrough in federal policy”.
Microvast wins 1.2GWh BESS contract, weeks after EV battery maker’s energy division launch
December 8, 2022
Microvast, a Texas-headquartered company manufacturing battery cells and storage systems, has won 1.2GWh battery storage deal.
Australia will hold tenders to prioritise right mix of renewables and storage
December 8, 2022
Australia will launch a scheme to incentivise investment in the right mix of low-carbon energy sources and energy storage.
New Jersey’s last coal power plant implodes to make way for energy storage
December 5, 2022
Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.
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