Global residential energy storage shipments fell year-on-year for the first time in the second quarter of 2023, S&P Global said, amidst less energy price volatility, high inventories and rising costs.

New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.

ACCURE has raised €7.2 million for its analytics solutions that can enable a “proactive approach to safety” in the battery storage industry.  

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.

It’s time the battery storage industry adopted an approach to servicing like the model widely adopted by the global solar PV industry.

Lithium batteries have definitely changed the game for the energy transition, but require smart technologies and strategies to optimise them — which can be equally important.

At the Energy Storage Summit US, a panel of experts discussed the impact of the ITC on the uptake of co-located assets, but also the challenges of operating within its framework.