World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

Energy-Storage.news, PV Tech and Huawei present a special report on the technologies and trends shaping the global energy storage market.

According to Lazard, the impact of Inflation Reduction Act (IRA) incentives on the business case for battery storage in the US is now significant.

An Ameresco joint venture (JV) is delivering one of the biggest projects awarded a long-term contract in Ontario’s recent energy storage procurement.

Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

NHOA’s energy storage business accounted for the vast majority of the company’s €165.7 million reported revenues in 2022.

At World Smart Energy Week in Japan last week CATL, Jinkosolar and Sungrow exhibited battery storage products.

Fotowatio Renewable Ventures (FRV) has entered the German market, targeting development of 2GW of solar and energy storage assets by 2027.

Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.

Global energy company RWE will bring a 72MW battery energy storage system (BESS) online in November in Werne, Germany, the first of two connected systems totalling 112MW, a spokesperson told Energy-Storage.news.