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Venture capital funding into energy storage has decreased while debt and public financing become increasingly prevalent. Image: Solar Media from Mercom Capital data.

Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total

July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
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Arizona utility groups sign PPA for 300MW/600MWh solar-plus-storage power plant

July 20, 2022
PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.
aypa blackstone

Blackstone’s Aypa Power secures US$88m loan for 173MWh BESS in Texas

July 20, 2022
Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.
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Energy trader Vitol leads US$100 million funding round for BESS system integrator FlexGen

July 20, 2022
US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.
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Software, supply chains and non-lithium technology: Wärtsilä’s energy storage VP Andy Tang

July 20, 2022
Andy Tang, VP of energy storage & optimisation for global energy technology group Wärtsilä, discusses software, supply chain, non-lithium storage technologies and more in this exclusive interview.
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Puerto Rico Electric Power Authority enters solar-plus-storage PPA with Convergent Energy + Power

July 19, 2022
Convergent Energy + Power has signed a PPA with Puerto Rico Electric Power Authority for output from a solar-plus-storage power plant.
Rendering of Cranberry Point developer Plus Power's 185 MW / 565 MWh Kapolei Energy Storage project in Hawaii. Image: Plus Power

Massachusetts authorities host public comment hearings for 800MWh of battery storage

July 18, 2022
Developers of two large-scale battery projects in Massachusetts have appeared before the public at Energy Facilities Siting Board hearings.
Advanced compressed air energy storage company Hydrostor placed in the top five VC deals with its US$250 million Goldman Sachs investment commitment. Image: Hydrostor.

California Energy Commission to decide on 4GWh advanced compressed air storage site

July 18, 2022
Hydrostor waits to hear if one of its proposed large-scale projects in California will get approved to supply electricity.
Mitsubishi Power selects Emerson to automate Utah green hydrogen project

Mitsubishi Power selects Emerson to automate Utah green hydrogen project

July 15, 2022
Mitsubishi Power Americas has selected software and engineering firm Emerson Electric to automate the ACES Delta project in Utah, billed as the world’s biggest green hydrogen project development.
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CellCube and G&W launch US microgrid solution with 2MW/8MWh project in Illinois

July 15, 2022
Vanadium redox flow battery company CellCube and power electronics company G&W Electric have launched a microgrid solution for the US market, starting with a project at the latter’s HQ in Illinois, US.

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Zinc battery storage player Eos Energy receives US$22.7 million from US DOE loan

PowerChina begins construction of ‘world’s largest generation-side’ battery storage project

Recurrent Energy’s 1,200MWh Arizona BESS reaches commercial operation

US renewables and battery storage developers Avantus, Arevon, and Clearway secure financing

US ROUNDUP: TerraFlow-Storion flow battery partnership, JinkoSolar’s distributed Massachusetts systems, Lightshift secures US$40 million

US energy storage to ‘retain momentum’ post-reconciliation bill, near-term rush to complete projects

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