
Global energy storage market to reach 500 GW by 2031
Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.
Stay up to date with the latest industry news and updates.

Pacific Energy and Enbridge have announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project.

From July 2022, Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai, UAE.

GTC Vorro has entered into an agreement with RATE – a global specialty engineering firm providing technologies for sulfur processing and acid gas removal.

VARO Energy has released its first ESG report, which sets out ambitious ESG targets aligned with the ONE VARO Transformation strategy.

Dow and Al-Hejailan Group have signed a MoU to build a joint venture MDEA plant in Saudi Arabia.

Technip Energies Loading Systems will supply a marine loading arm to TotalEnergies as part of the floating storage and regasification unit (FSRU) project in Le Havre, France.

Xodus has delivered a review of the project concept, cost estimates and the economic models to enable large-scale CO2-reduction for industrial clusters in the Netherlands.

Neste, a producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods – an Irish trader of animal fats.

Ecolab has transformed its System Assurance Center into the Ecolab Global Intelligence Center – an international network of remote intelligence facilities that specialise in analysing data from a variety of connected chemistries and technologies.