Utility Rocky Mountain Power (RMP) and technology provider Torus have signed a memorandum of understanding (MOU) outlining a strategic partnership and exploration of 70MW of demand response capacity using Torus’ energy storage solutions.
Developers looking to build new BESS facilities in Canada’s capital will have to adhere to stricter regulations, following the approval of amendments to the city’s planning and zoning laws by Ottawa’s Agriculture and Rural Affairs Committee during a recent meeting (23 January).
The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.
Energy storage developer NineDot has announced the closing of a US$65 million equipment financing supporting the purchase of up to 100MW/400MWh of batteries for use in up to 20 battery storage projects across New York City, New York, US.
We caught up with executives from BESS operator and aggregation platform Terralayr, after it raised €77 million (US$80 million) for its activities in Germany.
Not-for-profit consultancy Yarra Energy Foundation (YEF) has said that its Fitzroy North community battery in Melbourne, Australia, generated AU$8,423 in revenue, excluding goods and services tax (GST), for the 2023-24 financial year.
Following his inauguration on Monday morning, US president Donald Trump signed a raft of executive orders outlining his administration’s plans for the next four years.
The UK saw a slowdown in both BESS installations and submitted applications in 2024, while applications in Ireland grew by capacity, writes PV Tech Research analyst Charlotte Gisbourne.
