The US Department of Energy (DOE) has provided US$7.9 million for a 50MWh battery energy storage project using second life EV batteries in the ERCOT, Texas market, by Element Energy and NextEra Energy Resources.

California utility PG&E has invited residential and commercial customers to enrol onto three vehicle-to-everything (V2X) programmes using EV batteries for a range of use cases.

FlexGen has completed the first project in its 40MW buildout for a set of electric cooperative utilities in North Carolina.

ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.

American Battery Factory, a new firm planning a network of lithium iron phosphate (LFP) battery manufacturing facilities in the US, has chosen a site in Arizona for its first.

Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.

Planned lithium-ion battery gigafactory capacity in the US has grown twice as fast as in Europe since the Inflation Reduction Act was passed, Benchmark Minerals Intelligence told Energy-Storage.news.

Norwegian lithium-ion gigafactory firm FREYR has raised over a quarter of a billion dollars and completed the previously-announced JV with Nidec Corporation to develop energy storage solutions.

Quidnet, developing a proprietary mechanical energy storage technology, will receive funding from US DOE’s ARPA-E.

Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.