With leading US energy storage markets on a phenomenal growth trajectory, the role of BESS has been highlighted by recent heatwaves.

Gore Street Energy Storage Fund and LS Energy Solutions are partnering on a 200MW/400MWh battery storage project in California.

French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.

US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.

The California Energy Commission (CEC) has approved the participation of aggregated home batteries in demand response programme.

US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning.

California has passed 5GW of grid-scale battery storage energy storage (BESS) projects, grid operator CAISO has revealed.

California utility SDG&E has commissioned two projects totalling 171MW of battery storage, while system integrator Ameresco has secured contracts to deliver 379MWh for at four gas plants in the state.

Leyline Renewable Capital has provided loans to developers RAI Energy and Grid Connected Infrastructure (GCI) for solar and storage projects.

RWE has brought its biggest utility-scale BESS project in the US closer to the start of commercial operations.