Electriq Power looks set to become the latest in a series of SPAC listings in the energy storage sector, with the US home energy storage firm set to hit a US$495 million valuation.

Before the Inflation Reduction Act and Bipartisan Infrastructure Law, FERC Order 2222 was considered a big deal.

Energy Vault has provided a dizzying variety of updates in its Q3 results, covering European battery storage, a green hydrogen system, a new CFO and its gravity-based energy storage deployments in the US and China.

Long-duration energy storage (LDES) projects in the US will be able to compete for a share of “nearly US$350 million” of government funding.

Asset manager BlackRock has acquired US battery energy storage developer Jupiter Power from EnCap Investments.

China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.

Vistra Energy plans to build battery storage in place of retiring fossil fuel plants handed boost by FERC.

Lithium-ion gigafactory company FREYR has chosen the state of Georgia for its planned US production facility amidst reports it is in talks to raise US$500 million from private equity firm KKR.

GM partnering with one of California’s main investor-owned utilities to explore vehicle-to-grid and vehicle-to-home integration.

While battery storage growth in the US continues to vastly outpace that of Europe, the repurposing of used EV batteries into second life stationary storage systems is far more developed in the latter.