Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.

Inflation Reduction Act legislation is an unexpected “huge shot in the arm” for that could double the addressable domestic market.

A fire at PG&E’s Tesla-supplied Elkhorn Battery energy storage system at Moss Landing is considered fully controlled and road closures and shelter-in-place advisories have been lifted.

US community solar and storage provider Nexamp is providing a co-located facility as a non-wires alternative to a substation in New York state.

US solar and storage EPC and O&M company Borrego has entered into a master supply agreement (MSA) with Gotion High-Tech for the latter’s DC block battery energy storage equipment, starting in 2023.

Battery energy storage system integrator Powin has acquired EKS Energy, a provider of advanced power electronics and energy management solutions for energy storage and renewables.

Lightsourcebp is considering which long-duration energy storage technologies would be best suited for integration with its portfolio.

Developer Terra-Gen has closed US$969 million in project financing for the second phase of Edwards Sanborn Solar-plus-Storage facility in California, which will bring it to 3,291MWh of energy storage capacity.

Australian mining group BHP will use a 45MW solar, 35MW battery energy storage system from Alinta Energy to halve emissions at its WA Iron Ore port facilities at Port Headland by end-2024.

Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.