During the opening address of Energy Storage Summit Latin America 2025, in Santiago, Chile, the Chilean Minister of Energy Diego Pardow Lorenzo said the country was most likely set to surpass its 2050 targets in 2027.

Regulators in New Jersey have opened up a Request for Information (RFI) on a draft incentive plan to promote energy storage deployment in the northeastern US state.

Legislators in the US state of Maryland have voted to approve a bill requiring the deployment of at least 3,000MW of energy storage by 2033, the latest US state to make such a move.

The Senate of New Mexico has passed a bill, which will require investor-owned utilities to have 2GW/7GWh of energy storage online by 2034, the second such move by a US state this week.

Democrat lawmakers in Michigan have proposed a bill requiring utilities to have a combined 2,500MW of energy storage online by 2030, and are mulling a specific target for long-duration technologies.

Having previously said that the coronavirus pandemic had badly impacted its financial performance during 2020, a rebound is expected this year and next, ENGIE EPS, the energy storage and e-mobility subsidiary of European utility ENGIE has said.

South Africa’s state-owned utility Eskom has unveiled its Distributed Battery Storage Programme at an event this week, committing to solar-plus-storage and energy storage projects totalling 1400MWh.