Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.

Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.

CATL has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. 

There was almost 1TW of renewable energy capacity and an estimated 427GW of storage active in US interconnection queues at the end of 2021.

Holyoke Gas & Electric (HG&E) with a 5MW/15MWh battery energy storage system (BESS).

Californian investor-owned utility PG&E has commissioned the 182.5MW/730MWh battery energy storage system supplied by Tesla at its Moss Landing substation.

Energy storage poised for “rapid growth” in US, with between 130GW to 680GW diurnal storage capable of integrating 80% share of renewables by 2050.

President Joe Biden’s recent invocation of the Defense Production Act of 1950 could help solve supply chain issues, but only over the longer term. 

Lithium-ion will struggle to compete at long durations and its price declines cannot continue forever, said Alan Greenshields, Director EMEA for iron electrolyte flow battery supplier ESS Inc, in a rebuttal to an earlier Energy-storage.news article on the topic.

A 10MW/50MWh battery energy storage system (BESS) spread across two substations in Slovenia has started a trial and testing period.