Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market.
US backup power solutions specialist Generac has embedded ‘Smart Grid Ready’ functionality into some of its products, leveraging its acquisition of distributed energy platform tech company Enbala.
US national Energy Storage Association (ESA) members voted to approve a merger with the American Clean Power Association, starting a “powerful new chapter for energy storage,” according to ESA Interim CEO Jason Burwen.
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round.
Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.
Form Energy has closed its Series D financing round, with investors including steel company ArcelorMittal putting US$240 million into the Boston-headquartered iron-air battery startup.
Kokam will supply a battery energy storage system (BESS) that will serve as a virtual synchronous generator, reducing local reliance on diesel generators on the French Polynesian island of Tahiti.
Scotland-headquartered multinational energy company SSE has acquired development rights for its first 50MW battery storage asset from developer Harmony Energy.
