A handful of companies are trying to get in early and design and deploy ‘second life’ energy storage units using EV batteries ahead of an expected boom in supply in the second half of the 2020s.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

Advanced compressed air energy storage company Hydrostor has signed PPA for flagship large-scale project in California.

Renewables developer Intersect Power has brought a 310MWp PV, 448MWh energy storage system project online in California.

Dominion Energy South Carolina has contracted a power purchase agreement for US$200 million solar-plus-storage power plant in the state.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.

Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.

A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million.

Mateo Jaramillo, CEO of long-duration energy storage startup Form Energy responds to our questions on 2022 and the year ahead.