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

Total installed battery storage capacity in the US reached 12.689GW by the end of the second quarter, S&P said.

Virtual power plant (VPP) projects using home batteries have been launched and extended in Texas, Vermont and 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.

Owner Vistra Energy has announced the completion of work to expand its Moss Landing Energy Storage Facility in California.

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.

Independent power producer (IPP) Clearway Energy has closed US$421 million in financing for the 147MW/588MWh four-hour Rosamund Central Battery Energy Storage System (BESS) in Kern County, California.

Californian investor-owned utility (IOU) San Diego Gas & Electric (SDG&E) is seeking tax credits under the Inflation Reduction Act (IRA) for its upcoming energy storage projects, which it said would enable it to reduce electricity rates for its customers.