Australian Vanadium, targeting vertically integrated involvement in the flow battery market, has received the first payment from a government grant to support its manufacturing plans.

Sembcorp has pulled the plug on Indonesia solar-plus-storage project, shortly after completing Southeast Asia’s biggest battery storage project.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

Italy-headquartered global energy storage and electric vehicle (EV) technology group NOAH, formerly Engie EPS, is expanding in the US market with one project recently going online and two more in the pipeline.

After a series of large-scale battery announcements in Australia from Federal and state governments, utility company AGL has followed up by saying it plans to build a battery system in South Australia with up to 1,000MWh of capacity.

Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.

While energy storage is still a small part of their respective businesses overall, recent quarterly financial reports from US-based geothermal company Ormat and standby generator maker Generac emphasised expectations of market growth going forwards.