Gresham House expects to earn more than US$144 million revenues from Capacity Market contracts.

The award of contracts by utility Southern California Edison (SCE) for 537.5MW/2.150MWh of battery energy storage systems (BESS) has enabled a significant rise in revenues for Ameresco’s project business.

Technology group Honeywell’s energy storage solutions arm will supply a 20MW/80MWh battery system for renewables group Hecate Energy’s solar farm in New Mexico, USA.

The US Department of Energy’s Pacific Northwest National Lab (PNNL) has made a third semi-exclusive commercial licence for vanadium redox flow battery technology available.

The implementation of regulative security is all that is needed to bring in investment for long duration storage.

enewables developer Terra-Gen’s 140MW/560MWh Valley Center Battery Storage Project in California is now fully online, the company has announced.

GridBeyond is to develop behind-the-meter battery storage across the UK and Ireland, with a financing facility from Triodos.

Energy storage can improve power quality and reduce electricity costs for industrial entities in Mexico.

Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.