The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

government funding

December 24, 2021
A grant of €20 million (US$22.66 million) has been made to Namibia’s government-owned electric utility company for the development of the African country’s first grid-scale battery storage project. 
December 6, 2021
A US$25 million virtual power plant (VPP) programme has been launched in Perth, Western Australia, while in the US, technology providers Enphase, Sunverge and LG have announced their involvement in VPPs in Arizona and California. 
November 30, 2021
A tiny, coral reef-surrounded island in southern Japan will be able to use renewable energy as its main source of power, thanks to a microgrid with battery storage technology at its heart. 
November 26, 2021
Around 20 energy storage systems (ESSs) are to be deployed at roadside service stations in the UK where the grid supply isn’t enough for rapid charging infrastructure, the country’s government has said.
November 5, 2021
A 1,200 hectare site in South Australia has been secured by a developer hoping to use it to build a 300MW solar power site with 3.6GWh of energy storage, based on a novel technology solution. 
September 24, 2021
Four flow battery manufacturing research and development (R&D) projects will each receive a share of US$17.9 million funding from the US Department of Energy (DoE).
July 9, 2021
New York Governor Andrew Cuomo has said the state is “exploring every resource available as a potential tool to address climate change,” as funding was announced for long-duration energy storage technologies along with investigation on the role of green hydrogen in decarbonisation.
July 5, 2021
The state government of Queensland, Australia, has committed to a AU$14 million (US$10.5 million) project to refurbish and modernise a 570MW pumped storage hydroelectric plant.
June 18, 2021
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
May 20, 2021
Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.

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