California utility Pacific Gas and Electric (PG&E) has announced its intent to return the Elkhorn battery energy storage system (BESS) to service by 1 June.
The Mobility House will provide its aggregation and trading software to Electrohold, the energy trading arm of IPP and T&D network owner Eurohold Bulgaria, to optimise a 2.5GWh portfolio of BESS projects.
The US and China have announced a 90 day ‘pause’ on their huge reciprocal tariffs while they continue negotiations, with the effective tariff on BESS more than halving to around 60%.
US grid-scale energy storage solutions provider Energy Vault claimed its diversification into new geographies and business models “shielded” its backlog from tariff risk.