The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

Insurance is a cornerstone of de-risking financing and investment into energy storage

Microinverter supplier Enphase Energy has been selected by Vermont, US, utility Green Mountain Power to supply its home battery system for a virtual power plant (VPP) programme.

The Biden administration plans to use the Cold War-era Defense Production Act to ramp up mining and processing for materials integral to batteries and renewable energy, like lithium, graphite, nickel, manganese and cobalt.

EDF Renewables subsidiary Powerflex has partnered with Ontario utility Hydro One to develop distributed energy resource solutions in the Canadian province.

Utility Hawaiian Electric has launched a 10-year programme of credits and incentives to its Battery Bonus scheme, which launched last year as a one-time cash incentive for adding battery storage to residential PV systems.

Energy storage developer Jupiter Power has turned a 200MWh battery energy storage system (BESS) in Texas online.

LS Energy Solutions has delivered the first units of its new all-in-one energy storage system (ESS) solution.

Getting grid interconnection rights for energy storage in the US is difficult.

Southern Power has turned two four-hour battery energy storage systems (BESS) totalling 640MWh at two of its solar facilities in California online.