Democrats scored major victories in the US Midterm elections, taking both the House and Senate and flipping several long-held Republican strongholds, with changes likely to occur in the clean energy sector.
India’s storage market is expanding, but project delivery depends on predictable procurement, domestic manufacturing and revenue models that support investment.
India has 5.3GWh of operational battery energy storage system (BESS) capacity, with a further 185GWh of projects under development, according to Prashant Bhamu, deputy director of integrated resources planning at the Central Electricity Authority (CEA), part of the Ministry of Power.
South Africa’s government has put battery storage and power-to-gas technologies at the heart of the national long-term electricity supply and demand strategy.
South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.
Japanese trading company Sumitomo Corporation has invested in a utility-scale renewable energy park combining solar PV, wind and energy storage in India.
Outgoing California Governor Gavin Newsom recenty addressed approximately 1,200 bills, including several energy storage and solar related bills that were either approved or vetoed.