Long-duration energy storage with renewable energy could reduce the emissions from industrial energy use by almost two-thirds, a new report has said.

Second life energy storage firm B2U has put its second major project into commercial operation, a 3MW/12MWh system made up of Honda Clarity EV batteries.

Developer esVolta has secured tax equity financing for a 30MW/60MWh BESS in California while Atlantica Sustainable Infrastructure has signed PPAs for two projects with one of the state’s utilities.

A trio of projects in the Northeast US highlight the use of battery storage to aid electricity suppliers in maintaining stable networks.

The Puerto Rico Energy Bureau (PREB) has approved the deployment of 430MW of 4-hour duration BESS technology, according to reports.

Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.

China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).

This edition of our news in brief focuses on activities in the long-duration energy storage space.

Argentina is set to launch a call for expressions of interest (EOI) for energy storage projects as it looks to reach 20% renewable energy in 2025.

Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.