Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.
South Korea’s Ministry of Climate, Energy and Environment has issued guidelines for classifying outdoor energy storage systems (ESS) under building rules, which it says could cut permitting times by up to three months and costs by up to KRW 70…
EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of its annual European Common Enforcement Priorities (ECEP) Statement for corporate reporting, setting out key issues it will focus on for the current year of disclosures, with…
This white paper explains how edge AI and physical AI help cities move beyond passive monitoring. It shows how urban infrastructure can sense, reason, and act on real-time conditions across public safety, mobility, and infrastructure management. What you will learn…
VSL PowerHive, a wholly owned subsidiary of Vikram Solar, plans to establish a battery energy storage system (BESS) assembly plant with an annual capacity of 7.5 GWh in Oragadam, near Chennai, Tamil Nadu, India. The facility is designed to scale…
AI developer Anthropic announced the launch of “Anthropic Public Benefit Fund,” a new entity described by the company as “dedicated entirely to the public benefit,” providing the company with more flexibility to fund initiatives such as non-profits and AI-affected populations.…
The French government has confirmed plans to allow PV installations paired with battery energy storage systems (BESS) to reach up to 25 MW of installed capacity, up from the current 17 MW, provided grid exports do not exceed 17 MW.…
National energy storage targets compiled by UK-based think tank Ember total 822 GW by 2030, 45% below the 1,500 GW committed internationally at the United Nations Climate Change Conference (COP29). The gap persists despite official targets having nearly tripled since…
Energy storage is becoming an indispensable new-type power system infrastructure, CATL CEO and chairman Robin Zeng said in an industry speech last week.
A student report commissioned by Norway’s energy regulator, Reguleringsmyndigheten for energi (RME), says current rules create uncertainty for hybrid plants that combine hydropower and battery storage behind a single grid connection point, because the rules are built around a clear…