A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.

Vehicle-to-grid (V2G) company Nuvve grew its MW under management by 10% in quarter two 2022 and is eying applications for school buses and the marine sector.

The electricity board of the Indian state of Gujarat is tendering for 500MW/1,000MWh of standalone battery energy storage systems (BESS).

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

Engineering, procurement and construction (EPC) firm Burns & McDonnell is providing EPC services for Texas Waves II, a 30MW battery energy storage system (BESS) by RWE.

Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.

Norwegian renewable energy investor Magnora and the Alberta Investment Management Corporation have moved into the UK battery storage market.

The first battery energy storage system (BESS) in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated.

SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.

Construction has begun on two large-scale solar projects paired with battery storage in Hawaii from AES Corporation.