San Diego-based home battery storage company NeoVolta has formed NeoVolta Power, a joint venture (JV) to develop a US battery energy storage system (BESS) manufacturing platform in Pendergrass, Georgia.

The Governor of Illinois, JB Pritzker, has signed a clean energy bill into law that will boost solar PV and energy storage investments in the state, among others.

Curtailment of solar PV and wind continued to increase in Chile last year and passed 6TWh according to the Chilean renewable energy and energy storage association ACERA.

An energy storage subsidiary of Waaree Energies has raised INR10 billion (US$110.9 million) for a planned manufacturing plant in India.

Technology provider Dalian Rongke Power (Rongke Power) and infrastructure developer China Three Gorges Corporation (CTG) have brought online the world’s first gigawatt-hour-scale flow battery energy storage project.

French renewable energy power producer Voltalia has begun construction of its Artemisya “strategic cluster” project in Uzbekistan, Central Asia.

Anita Li, vice president of Jinko ESS, reflects on a ‘transformational year’ in which the energy storage arm of the vertically integrated solar manufacturer continued to expand.  

The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

Renewable energy companies Akuo Energy and Voltalia have begun constructing projects in French overseas territories.

Global average prices for turnkey battery storage systems fell by almost a third year-over-year, with sharp cost declines expected to continue.