The US state of California is providing US$31 million for a long duration energy storage project combining vanadium flow and zinc-hybrid batteries, the first grant from a US$380 million package.

Residential energy solutions provider Sunrun has been selected to develop a 17MW energy storage virtual power plant (VPP) in Puerto Rico.

Microgrid projects in the US states of Washington and Maryland combining battery storage, solar and vehicle-grid integration have gone online.

European Union policymakers and regulators recognise that energy storage is vital to securing affordable and low carbon energy.

California utility PG&E has received approval for the US’ first vehicle-to-grid (V2G) export compensation mechanism for commercial EV charging customers.

French utility giant Engie has acquired 6GW of solar and battery storage projects from Belltown Power in the US.

More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.

Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.

rPlus Energies has signed a long-term power purchase agreement (PPA) for 400MWac/200MW solar-plus-storage project in Emery County, Utah.

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.