Stem Inc is set to be publicly-listed and expand its global reach through a deal worth as much as US$608 million, agreed with special purpose acquisition company Star Peak Energy Transition Corp.
The New York Power Authority (NYPA) has started up a demonstration project aimed at addressing safety concerns tied to the deployment of lithium-ion battery storage in urban areas and office blocks.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
Long-duration energy storage startup Form Energy has confirmed details of its recently reported Series C investment round, with Bill Gates’ Breakthrough Energy Ventures among continuing investors.
A new market for providing ancillary services to the UK’s grid has been highlighted as more valuable in its first seven weeks of operation than any other frequency response service run by the network operator, National Grid ESO.
Utility NV Energy has had plans for three large-scale solar-plus-storage projects approved by regulator the Public Utilities Commission of Nevada (PUCN) which the company said will enable it to achieve a PUC-set energy storage deployment target.
‘Liquid metal’ battery technology developed as a potential low-cost competitor for lithium-ion looks set to be used at a data centre under development near Reno, Nevada.
A 10MW / 20MWh battery energy storage project in Belgium has achieved financial close and is expected to begin construction shortly, the consortium behind the project has said.