Southern California Edison awards Tesla Motors contract to build 20MW energy storage system in California before the year is out; new facility will provide renewed stability of energy supply following Aliso Canyon disaster last October.

The South Korean government to incentivise solar power plants to install energy storage systems (ESS) from 2017, raising local ESS demand by US$390 million.

Storage provider Stem adds US$100 million to its kitty of project funds, as energy investor Starwood Energy backs its roll out of intelligent storage for commercial venues.

GCL Systems Integration is poised to sink US$24.3 million into new lithium battery factory in China’s Jiangsu province.

Despite its thirteenth quarterly reverse on the spin, Tesla chairman and chief executive Elon Musk predicts Tesla and SolarCity will create an automotive-energy giant worth US$1 trillion.

Gaelectric’s compressed air energy storage project in Northern Ireland gets €8.3 million EU funding to start drilling.

Industry headlines and stats, the approval of US president Barack Obama and even the growing popularity of electric rickshaws have been used to drive home the message that energy storage is a technology for today, not some distant future.

Germany’s market leader for intelligent lithium ion energy storage systems has signed up as the first Technology Partner for the new Energy Storage division of PV Tech Storage’s publisher, Solar Media.