Hecate Grid has progressed a 300MW/1,200MWh battery storage project in California, US, signing off-take contracts for its stored energy and gaining a key local authority approval.

Utility and power company AES Corporation has brought the Lancaster Area Battery (LAB), the second portion of a combined 908MWh battery energy storage system (BESS) complex in California, online.

Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.

Generate Capital has acquired US large-scale battery storage developer esVolta.

PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.

Hydrostor waits to hear if one of its proposed large-scale projects in California will get approved to supply electricity.

German home energy storage and virtual power plant (VPP) company sonnen has deployed 86 of its ecoLinx batteries in a new-build complex in Florida, US.

News in brief from around the world in Energy Storage.