The Illinois Power Agency (IPA) is seeking stakeholder feedback on its summer procurement of 600MW of energy storage projects in the US state, after falling short by 438MW.
US tax equity syndicator Foss & Company has closed a US$58 million partnership flip transaction to finance an energy storage project in Hidalgo County, Texas, developed by GridStor.
Valo, the new joint venture formed as a continuation of Wärtsilä’s energy storage business, is weighing up investing in the US supply chain, including factories.
Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
AI data centres have energy and power requirements demanding enough to potentially stretch lithium-ion beyond its versatile limits, writes Intertek CEA market intelligence consultant Aaron Marks.
US energy holding company and project developer-owner NextEra Energy has suspended operations at two energy storage facilities in Long Island, New York, US.