The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.

The Electric Reliability Council of Texas (ERCOT) has cleared a further 480MW of battery storage capacity for commercial operations during the month of August, according to the system operator’s most recent generator interconnection status (GIS) report published 3 September, 2024.

Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.

A public consultation regarding the auction will be launched in the coming days, while capacity and funding details have yet to be disclosed.

A project in China, claimed as the largest flywheel energy storage system in the world, has been connected to the grid.

Indian battery manufacturer Delectrick Systems has launched a new 10MWh vanadium flow battery-based energy storage system (ESS) to support large-scale and utility-scale projects.

Three-quarters of the lithium-ion battery supply chain could have exposure to forced labour, contravening US and EU laws and potentially leading to products being blocked from those markets, a report said.

Stem Inc has seen its CEO step down while Energy Vault has been warned by the NYSE over its low share price, in a double helping of unfortunate announcements from SPAC-listed energy storage firms.

DNO and IPP Electrica has received €3.4 million (US$3.8 million) in EU grants for a c.70MWh BESS project it will build in Romania.

EDP Renewables North America (EDPR NA) has secured a long-term contract with Dominion Energy to develop an 85MW/340MWh battery energy storage system (BESS) in Virginia, US.