Californian investor-owned utility (IOU) PG&E has revealed its energy storage plans in a Climate Strategy Report and cut the ribbon on the 182.5MW Elkhorn battery energy storage system (BESS).

Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.

Ion Storage Systems (ION), a company that has developed a solid state lithium-ion battery technology, has raised a US$30 million Series A to expand its production facility and accelerate its entry into the stationary storage sector.

Community solar owner-operator Summit Ridge has secured US$15 million in project financing for two battery energy storage system projects in New York City, US.

Sonoma Clean Power has signed a power purchase agreement with financing company Luminia for a co-located project with 32MWh of energy storage.

Companies building battery energy storage facilities at former coal power plant sites in Illinois will get US$280.5 million in grants.

Utah project claimed as largest green hydrogen storage hub planned globally will get loan funding from the US Department of Energy.

Vanadium redox flow battery industry poised for significant growth in the coming years according to new forecasting.

Westbridge has added another large-scale solar-plus-storage project to its development portfolio in Alberta, Canada.

News in brief from around the world in energy storage.