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A TransAlta hydroelectric dam. Image: TransAlta via Twitter.

Canada’s TransAlta buys 50% stake in 4.8GWh Alberta pumped hydro project

February 20, 2023
TransAlta has acquired a 50% stake in an early-stage development pumped hydro energy storage (PHES) project in Alberta.
LG Energy Solution provided battery racks to Moss Landing Energy Storage Facility, California, the biggest battery storage system in the world at 3GWh capacity. Image: LG Energy Solution.

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).
Battery swap station for light-duty EVs in India. Image: Sun Mobility.

India’s Union Budget ‘should include tax breaks for energy storage’

January 30, 2023
India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.
Early rendering of the gigafactory that never was. Image: Britishvolt.

UK battery gigafactory startup Britishvolt slides into administration

January 19, 2023
Britishvolt going into administration has been dubbed “a real shame” by the Association for Renewable Energy and Clean Technology.
inflation reduction act battery tariffs

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.
A 10MW PV plant in Germany. Image: Enerparc.

Independent power producer ILOS Projects raises €500 million for European solar, storage pipeline

December 21, 2022
ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.
philippines energy storage system investment policy

Southeast Asia’s emerging energy storage opportunities

December 20, 2022
Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.
Corporate funding into energy storage companies: the first nine months of this year have already blown away the full-year totals for 2019, 2020 and 2021. Image: Solar Media, data from Mercom Capital reports.

Energy storage corporate funding so far this year already exceeds 2021 total, Mercom says

October 27, 2022
More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.
colombia italy matrix emeren

Spain’s Matrix Renewables gets construction financing for California solar-storage hybrids

October 27, 2022
Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.
hydrostor silver city australia compressed air energy storage

Australia throws AU$45 million support behind advanced compressed air energy storage project

October 25, 2022
ARENA funding will support Hydrostor’s advanced compressed air energy storage (A-CAES) project in New South Wales.

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