Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.

Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million.

California Public Utilities Commission has approved requests to allow solar and storage facilities to use Limited Generation Profiles (LGPs).

Electriq Power CEO Frank Magnotti on how energy storage could help unlock the potential of community solar and enable more people to benefit.

The four most high-profile energy storage system (ESS) companies that listed via SPAC mergers – Eos, Energy Vault, ESS Inc and Stem – have seen their share prices fall by an average of 80% since going public.

Corporate funding into battery storage companies rebounded in Q2, but remains lower than in 2022 or 2021 so far.

Battery storage in homes and at businesses contributed to helping the CAISO grid in California afloat during recent difficulties.

Programmes to provide home energy storage solutions to low-income homes and businesses have been launched in Washington D.C and Connecticut by Electriq Power and Generac/PosiGen, respectively.

The residents of Parlier, a small city in Fresno County, California, are being offered a 20% reduction on their energy bills and reduce the amount of power they buy from utility Pacific Gas & Electric by 90%, by getting solar-plus-storage and energy efficiency equipment installed.