The Inter-American Development Bank and Norwegian Agency for Development Cooperation are investing up to US$83.3 million in eight solar PV projects in Guyana with 34MWh of co-located energy storage.

News in brief from around the world in energy storage.

There could be nearly 13GW of energy storage on the grid in New York by 2052, according to the state’s grid operator NYISO.

Inaccess, which has worked on some of world’s biggest battery projects, has been acquired by renewables software company Power Factors.

NextEra Energy decarbonisation strategy includes eliminating all scope 1 and 2 emissions from its operations by 2045 without carbon offsets.

Solar and storage EPC and O&M provider Borrego has completed the construction of 15 solar-plus-storage projects across New York and Massachusetts totalling 169MWh, for AES Corporation.

Canadian Solar subsidiary Recurrent Energy has acquired two standalone energy storage projects in development totalling 400MWh in the ERCOT, Texas market.

Lithium-ion battery recycling specialist Li-Cycle reported US$8.7 million in revenues for the quarter ended April 30, 2022, more than double the previous quarter.

Hitachi Energy will power the US’ first-ever primary vanadium source entirely from renewable energy in a partnership with Nevada Vanadium.

US energy storage industry is going strong despite delays due to supply chain issues, interconnection queue waiting times and other factors.