A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

Trina Storage is developing an energy management system (EMS) as a major strategic priority for its business.

Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.

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

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.

“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

Green Deal Industrial Plan has been welcomed by the European Association for Storage of Energy, although mentions of energy storage included in a leaked draft seen by the industry group were absent from the final publication.

India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.