Bulgarian Ministry of Energy and EBRD have signed agreements for the development of renewables in the country.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.

Eight large-scale BESS projects in Australia have been selected to receive funding support worth AU$176 million.

Quidnet, developing a proprietary mechanical energy storage technology, will receive funding from US DOE’s ARPA-E.

Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.

Australia is developing a National Critical Minerals Strategy, including materials for batteries and other clean energy technologies.

Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.

Alongside unveiling of an energy storage deployment target, Victoria government announced funding for large-scale battery storage projects.

A large-scale sodium-sulfur (NAS) battery energy storage system made by NGK Insulators will be installed at a former LNG terminal in Japan.