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.
IPP Linea Energy has closed a debt financing and preferred equity commitment for its 250MW/500MWh Mesa View energy storage project in Upton County, Texas, US.
Thermal energy storage (TES) technology provider Antora Energy has announced a 5.8GWh “multi-day” TES project at Pratt Energy’s biorefinery in Pratt, Kansas, US.
Inaccurate state of charge (SOC) measurements can cost battery energy storage system (BESS) operators up to 15% in lost revenue, a persistent issue despite advances in monitoring technology.
Maryland has conditionally selected two transmission-connected energy storage projects to receive Energy Storage Capacity Credit awards in the US state.
