Developer NGEN is deploying the largest battery storage projects in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman Bernard said.

The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.

California-based FranklinWH Energy Storage has secured a US$25 million Series B to scale up its residential battery and energy management software offering in the US and Puerto Rico.

Virtual power plant (VPP) projects using home batteries have been launched and extended in Texas, Vermont and California.

Xcel Energy has launched scheme in Colorado, rewarding customers for allowing utility to use battery storage to provide grid services.

Germany and US residential battery storage and VPP provider sonnen’s network of batteries in Germany has reached 250MWh, and will hit 1GWh in the next few years, it said.

US DOE Loan Programs Office has invited Nostromo into due diligence and terms sheet negotiations for a loan worth up to US$176 million.

Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.

The California Energy Commission (CEC) has approved the participation of aggregated home batteries in demand response programme.