Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million.

Ameresco has nearly completed its three-site, 2.1GWh battery energy storage system project for utility Southern California Edison.

The US utility-scale battery storage sector achieved its highest-ever annual deployments in 2022, a year in which solar PV and wind underperformed against expectations.

Energy technology firm Wärtsilä completed a 125MW/250MWh battery storage project for REV Renewables in California in time to help CAISO deal with record heatwave conditions in September 2022.

Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.  

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

B2U Storage Solutions has further expanded its in-house second life energy storage project in California to 25MWh, an alternative approach to peers which president Freeman Hall explained to Energy-Storage.news.

California utilities CPA and SCE have issued requests for microgrid and power resiliency projects using energy storage as the state continues to adapt to an increased risk of power shutoffs.

Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.

The California Independent System Operator (CAISO) has enacted market rule changes to make it easier for energy storage to provide grid ancillary services and help grid reliability.