Two developers, OCI Energy and Nexus Renewable Power have secured financing for battery energy storage system (BESS) projects located in Texas, US.

A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.

Capstone-Eurowind 3.2GWh BESS project is the latest to reach the final stage of the California Energy Commission opt-in process.

Capital Power has announced commercial operations of its 120MW York battery energy storage system (BESS) and 50MW Goreway BESS projects in Ontario, Canada.

The US Energy Information Administration (US EIA) annual survey of power plant activity found that in 2024, utility-scale batteries were more commonly used for price arbitrage.

BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.

Three US battery energy storage system (BESS) developers, GridStor, Flatiron, and Jupiter Power, have advanced BESS projects totalling 1.6GWh across Arizona, Massachusetts, and Michigan.

The capacity of virtual power plants in North America has reached 37.5GW, a 13.7% year-on-year growth, according to Wood Mackenzie.

Regulated utility Dominion Energy last week received the green light from local officials to develop a 100MW/400MWh BESS in Fauquier County, Virginia. 

In a recent report from trade association Energy Storage Canada (ESC), energy storage was cited as “a critical component of future electricity grids” for the country.