Japan’s Marubeni Corporation working with Vietnamese battery and energy-as-a-service provider VinES to develop energy storage facilities.

Steps forward have been taken for the first pilot deployment of large-scale battery energy storage system (BESS) technology in Vietnam.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.

In an effort to drive the country to deploying more energy storage, the Israeli Ministry of Energy and Infrastructure has announced four large-scale battery storage projects.

It is “unacceptable” for a rural electricity supplier to use solar to prevent load-shedding, but batteries or other grid-independent electricity sources could be used, Eskom said.

Utility Xcel Energy has launched a ‘no money down’ resiliency offering for commercial and industrial (C&I) customers in Minnesota.

Tesla has recorded its highest storage deployments to date in the first quarter of 2023, enabled by ramp up of its factory in California.

Nearly double the megawatt-hours of large-scale BESS under construction in Australia by the end of 2022 compared to 2021.

The Electricity Authority of Israel (PUA) has introduced a supplementary tariff for PV facilities combined with energy storage.