Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.

The virtual power plant (VPP) network of residential solar and battery storage provider Sunrun in the US is being managed by Lunar Energy, a recently-formed firm in which Sunrun is a shareholder.

Lithium-ion battery recycling firm Li-Cycle saw its overall revenues fall 32% in its fourth quarter, due to two separate factors related to a fall in metals prices.

California’s net metering successor is controversial, but residential battery storage providers Neovolta and Sonnen have greeted it warmly.

Major international finance groups have contributed to a raise of more than half-a-billion US dollars in funding for developer Hecate Energy.

Zinc-air flow battery company Zinc8 Energy Solutions has won US$9 million in state tax credits for its new manufacturing facility in Ulster County, New York.

‘Multi-day’ battery storage startup Form Energy’s proprietary iron-air battery is set to be deployed at the sites of two US coal power plants due for retirement.

rPlus Energies has submitted a Final License Application for a 900MW/9GWh pumped hydro energy storage (PHES) plant in Wyoming, a milestone reached by only six projects in the past 20 years.

A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.

Energy storage deployments by electric carmaker and tech company Tesla grew 64% year-on-year, reaching 6.5GWh in 2022.