A recent draft final rule on reforms of grid interconnection processes from US regulator FERC has been welcomed by the energy storage industry, although many hurdles still remain.

The US saw roughly triple the amount of grid-scale battery storage installed in the second quarter of this year as it did in the preceding quarter, in megawatt terms.

The lithium industry needs US$116 billion of investment to achieve the 5.7x ramp-up in production needed for 2030 decarbonisation goals, and prices may remain ‘tight’ in the coming years.

Ameresco will look for energy storage projects to own that the US clean energy solutions company can secure long-term revenues for.

Energy storage’s role in enabling decarbonisation and economic growth was at the heart of discussions at Energy Storage Summit Asia 2023.

Scaling up net zero-enabling battery storage technologies will require financiers and investors to share risks with developers, such as those over supply chain.

A vote to approve proposals for the European Union’s Batteries Regulation has been welcomed by trade groups.

Powin Energy has signed its latest multiple gigawatt-hour deal, including supply of some of the cells for its Waratah Super Battery project.

After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.

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.