Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity.

Energy Dome, the European startup with a long-duration energy storage system technology based on CO2, has closed its Series B funding round.

Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.  

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.

ACT government has partnered with developer Eku Energy to deliver its flagship Big Canberra Battery project.

New York is often considered among leading US states for energy storage, based on ambition and favourable policy direction rather than action.

UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc.

Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.