Two years of volatility in the lithium-ion battery storage industry have seen prices tumble and a host of supply-chain complexities come to the fore.

Energy-Storage.news learns about New York City’s first-ever vehicle-to-grid (V2G) pilot project, which is entering a second stage after a successful start to its operational life.

The versatility of battery storage to provide a broad range of services makes them “particularly valuable” to virtual power plants (VPPs), according to a senior advisor to the US Department of Energy (DOE).

Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured c.£600 million from investment firm KKR.

Idemitsu Kosan, Japan’s biggest petroleum producer, has launched an energy storage business and announced its first lithium battery project.

State-sponsored investment fund NY Green Bank, will lend US$25 million to NineDot Energy, a developer of energy storage systems in New York.

More than 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, but long-duration energy storage (LDES) could reduce or eliminate that need.

A new roadmap outlining how New York can meet ambitious energy storage targets has been welcomed as “comprehensive and thoughtful”.

We caught up with Mike Ferry, president of California-based second life energy storage firm Smartville Inc.

Energy storage plays important role across multiple sectors in a plan for the “deep decarbonisation” of New York State approved this week.