Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.

BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.

Green Mountain Power (GMP), a utility in the US state of Vermont, has requested approval on US$30 million in funding to expand a home battery energy storage scheme.

Falling cryptocurrency prices have led to a crypto mine developer to propose a battery storage facility in the city of Corpus Christi, Texas.

Legislation that requires battery storage facilities to put in place safety and communication protocols has been signed into law.

Nova Scotia’s clean energy plan would see the Atlantic Canadian province deploy between 300MW and 400MW of battery storage by 2030.

“We think this is the first battery cell which is designed from the end users’ point of view, based on how they want to use it,” EVE Energy’s head of energy storage Steven Chen says.

Developer Origis Energy has started building three solar-plus-storage projects in Mississippi, US, with battery energy storage systems (BESS) totalling 150MW supplied by Mitsubishi Power Americas.

US battery developer Delorean Power and the Holden Municipal Light Department (HMLD), a utility in the US state of Massachusetts, have unveiled a new battery storage project in the town of Massachusetts.

Canada-based firm Moment Energy has secured UL 1974 certification for second life energy storage production, the first in North America to do so, the company said.