US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.

The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.

Sungrow claimed fire test proves the safety of its battery energy storage system (BESS) solution even in the event of thermal runaway.

Rankings by EY of the most attractive markets for renewable energy investment include battery storage, with US, China and UK as frontrunners.

US-headquartered battery storage system integrator and manufacturer Powin has signed a multi-year, 15GWh deal for the supply of battery cells with China’s Eve Energy.

Recurrent Energy has closed US$513 million financing on a battery storage project in Arizona, US, which has a 20-year utility tolling agreement in place.

NV Energy is seeking approval from the Public Utilities Commission of Nevada of its 2024 IRP which it submitted on 31 May 2024.

The US energy storage industry saw its highest-ever first-quarter deployment figures in 2024, with 1,265MW/3,152MWh of additions.

NHOA Energy signed an agreement with Statkraft to supply a battery energy storage systems (BESS) for a 113MWh project in Coylton, Scotland.

Executives from Sunwoda, one of the world’s largest lithium-ion battery OEMs, share the latest updates around the company’s grid-scale, residential, and commercial and industrial (C&I) energy storage system (ESS) activity.