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Battery swap station for light-duty EVs in India. Image: Sun Mobility.

India’s Union Budget ‘should include tax breaks for energy storage’

January 30, 2023
India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.
Artistic rendering to promote Form Energy's battery tech. The company has also received DOE demonstration project funding elsewhere. Image: Form Energy.

Year in review 2022: Long-duration storage with iron-air battery company Form Energy

January 11, 2023
Mateo Jaramillo, CEO of long-duration energy storage startup Form Energy responds to our questions on 2022 and the year ahead.
A 200MW/400MWh LFP BESS project in China, where lower battery prices continue to be found. Image: Hithium Energy Storage.

Hithium LFP cells used in China’s ‘largest standalone battery storage project’

December 22, 2022
A 200MW/400MWh BESS has gone live in Ningxia, China, equipped with Hithium lithium iron phosphate (LFP) cells.
european union europe energy storage deployments ease delta-ee report

European Union votes to accelerate standalone energy storage deployment

December 15, 2022
The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage.
GE Hydro Solutions turbines at the Jinzhai project. Image: GE Renewable Energy.

GE Renewable Energy installs first turbines at 1.2GW China pumped hydro plant

December 14, 2022
The hydropower subsidiary of General Electric’s renewables business has installed first pair of 300MW turbines at pumped hydro site in China.
Flow battery demonstration plant in Hubei, China, where the world's biggest VRFB system, at 100MW/400MWh, went online recently. Image: VRB Energy.

Wood Mackenzie: Investment pours in for long-duration energy storage, but scale remains challenge

December 8, 2022
Enough money invested in long-duration energy storage technologies and projects over the past three years to result in 57GW of deployments.
Australian energy minister Chris Bowen (centre) convened a meeting with the country's state energy ministers in December, agreeing the plan to launch tenders in principle. Image: Chris Bowen via Twitter.

Australia will hold tenders to prioritise right mix of renewables and storage

December 8, 2022
Australia will launch a scheme to incentivise investment in the right mix of low-carbon energy sources and energy storage.
LG Energy Solution provided battery racks to Moss Landing Energy Storage Facility, California, the biggest battery storage system in the world at 3GWh capacity. Image: LG Energy Solution.

Vistra wins MISO interconnection exemption for Illinois coal-to-battery storage projects

November 14, 2022
Vistra Energy plans to build battery storage in place of retiring fossil fuel plants handed boost by FERC.
Keeping the lights on while decarbonising will require far more energy storage than the EU market is set up to facilitate, the EC said. Image: NASA.

Batteries could save Europe millions in energy system costs with the right market reforms

November 3, 2022
Industry should make “concrete proposals” for electricity market reforms, or risk policy and regulation continuing to fall short in valuing the role of energy storage.
co-located storage european union fluence

European Union ‘recognises need for energy storage, now needs pathway to get there’

November 1, 2022
European Union policymakers and regulators recognise that energy storage is vital to securing affordable and low carbon energy.

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