Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.

Two trade associations in the US have made significant changes with the aim of advocating for policies supporting the energy storage industry at federal and state-level.

The US Department of the Interior (DOI) has given the green light to the construction of a utility-scale solar-plus-storage project on public land in California.

US$300 million in new funding from Manulife Investment Management will enable CleanCapital, a clean energy investment platform mostly focused on distributed solar, to also provide “long-term, flexible capital” to energy storage developers.

The US could see new mines and raw material production “scale up” as demand for battery energy storage systems and grid resilience increases over the next decade, according to Margaret O’Riley, battery, automotive and electrification business recruitment lead for Duke Energy Corporation.

The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.

Construction has started on what claims to be Australia’s largest hybrid solar and battery energy storage facility.

Battery storage projects may be either standalone or colocated with renewable generation and must account for 20% of nameplate capacity if colocated.

Re-examining older and potentially hazardous battery energy storage systems should be an “essential” tool in fire prevention, according to a panel of industry leaders.

Puerto Rico has issued a request for proposals (RFP) to construct 1GW of renewable energy capacity and 500MW of battery energy storage on the island.