Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
US energy holding company and project developer-owner NextEra Energy has suspended operations at two energy storage facilities in Long Island, New York, US.
IPP Linea Energy has closed a debt financing and preferred equity commitment for its 250MW/500MWh Mesa View energy storage project in Upton County, Texas, US.
Thermal energy storage (TES) technology provider Antora Energy has announced a 5.8GWh “multi-day” TES project at Pratt Energy’s biorefinery in Pratt, Kansas, US.
Inaccurate state of charge (SOC) measurements can cost battery energy storage system (BESS) operators up to 15% in lost revenue, a persistent issue despite advances in monitoring technology.
Outgoing California Governor Gavin Newsom recenty addressed approximately 1,200 bills, including several energy storage and solar related bills that were either approved or vetoed.