Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.

Investor-owned energy company National Grid, responsible for electricity and gas delivery in New York, Massachusetts and Long Island, will build a 5MW / 40MWh energy storage facility in Long Island with NextEra Energy.

Multinational utility Engie will install a 1MW / 4MWh Eos Energy Storage zinc hybrid cathode battery system in Brazil and is expected to “exercise the system to its operational boundaries”.

NextEra Energy Resources will build a 10MW lithium-ion battery storage system paired with a 20MW PV installation for Arizona utility Salt River Project, with another battery system on the way.

Projects that demonstrate how energy storage can benefit a wide range of stakeholders and the electric grid can compete for US$15.5 million of funding from the New York State Energy Research and Development Authority (NYSERDA).

Work has been completed on a 1MW / 2MWh battery energy storage system for a ‘multi-resource microgrid’ in Denver, by Younicos and its project partners, Panasonic and utility Xcel Energy.

More than a tenth of a 250MW energy storage procurement by utility Southern California Edison will comprise of Ice Energy’s Ice Bear units, deployed in partnership with NRG Energy.

Energy storage companies “have suffered significant and detrimental harm” from changes to rules governing the frequency regulation market in US regional transmission organisation (RTO) PJM Interconnection’s service area, the Energy Storage Association has said.

One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.

Maryland will become the first state in the US to offer tax credits for customer-sited energy storage, as and when state Governor Larry Hogan approves Senate Bill 758 (SB 758).