Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.

Renewables investment and development group Nala Renewables is developing four new battery energy storage system (BESS) projects in New York state totalling 280MW by mid-2024.

Energy Dome has scored its first commercial licensing agreement for its carbon dioxide-based energy storage solution.

Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.

Convergent Energy + Power has celebrated the successful commissioning and start of commercial operations at two battery energy storage system (BESS) projects with a combined capacity of 60MWh in California, US. 

Brookfield Renewable Partners has signed a Framework Agreement with the UK’s Cambridge Power to develop a portfolio of battery storage and solar PV.

Power company TransAlta has made an application to regulators seeking approval of a large-scale battery storage system in Alberta, Canada, which will be charged from hydroelectric generation. 

Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.

News in brief from around the world in energy storage.