Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.

Energy storage deployment in the US is growing at a phenomenal pace. But the appetite for storage is much greater than the ability to build, and getting grid interconnection rights is often the biggest hurdle.

‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.

esla aims to reach annual deployments of energy storage totalling 1,500GWh by 2030, nearly four hundred times the amount it deployed last year, according to its 2021 recent impact report.

Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.

The brother of the founder of the US’ largest homebuilder D R Horton has chosen Salient Energy’s zinc-ion battery storage system for installation in the 200,000 homes his company plans to build, saying that lithium-ion has “a lot of issues”.

Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Tesla made 846MWh of battery energy storage system deployments in the first quarter of this year.

News in brief from around the world in energy storage.