Utility-scale battery energy storage system (BESS) installations in the US grew 196% to 2.6GW in 2021 but overall clean power installations fell 3%, according to the latest annual figures from the trade body American Clean Power Association (ACP).
Energy storage industry executives have urged US legislators to swiftly reach a consensus on the Build Back Better Act, with a strong emphasis on introducing the investment tax credit (ITC) for standalone storage.
A US government pledge of US$2.9 billion support for the country’s battery manufacturing and recycling value chain is more like a band-aid than the “major surgery” required to fix the problem.
FlexGen Power Systems has launched an electric vehicle charging solution combining its energy management system (EMS) platform and battery energy storage.
Thermal storage startup Antora Energy has raised US$50m from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerate the development of its heat-based carbon block energy storage system for heavy industry.
LG Energy Solution, the battery technology arm of South Korea’s LG Group, has completed its acquisition of 100% ownership in battery energy storage system (BESS) integrator NEC ES.
Convergent Energy + Power has celebrated the successful commissioning and start of commercial operations at two battery energy storage system (BESS) projects with a combined capacity of 60MWh in California, US.
The California Public Utilities Commission (CPUC) has unanimously approved plans to add more than 25.5GW of renewables and 15GW of storage in the state by 2032 at a cost of US$49 billion.
An incident which caused batteries to short has taken offline Phase II of Moss Landing Energy Storage Facility in Monterey County, California, the world’s biggest lithium-ion battery energy storage system (BESS) project.
Microinverter supplier Enphase Energy posted strong Q4 2021 results last week that saw strong revenue growth, following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries compared with Q3 2021, despite supply chain constraints.
