Energy management solutions provider GridBeyond has raised investment to extend its capabilities for “robotic” trading of energy assets and expand internationally, the company’s CEO has said.

The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.

Mitsubishi Power Americas’ spinout BESS solution firm Prevalon has entered into a long-term supply deal with lithium-ion battery OEM Rept.

US utility Dominion Energy is seeking proposals for solar, wind and energy storage projects in the state of Virginia.

Norwegian oil and gas firm Equinor has launched its first US BESS projects via 2022 acquisition East Point Energy, with its trading arm Danske Commodities charged with ensuring project returns.

This Friday Briefing takes a look at how residential battery storage and other DERs can be a force for the greater grid.

Virtual power plants (VPPs) in California using technologies including home batteries and demand response (DR) could provide 7.5GW of capacity in ten years’ time, 15% of peak demand, analysis from consultancy the Brattle Group shows.

Minnesota-based independent power producer (IPP) Lydian Energy has made its official launch with a portfolio of 1.75GW of solar and battery storage projects in the US.

AES Corporation has brought into commercial operation one of several large-scale renewable energy and battery storage projects in its development portfolio in Hawaii.

The BESS industry is looking at ways to leverage the 45x tax credit for domestic cell manufacturing in the US, with the domestic content investment tax credit (ITC) bonus still unclear.