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.
California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.
California utility PG&E has invited residential and commercial customers to enrol onto three vehicle-to-everything (V2X) programmes using EV batteries for a range of use cases.
Cost inflation and supply chain issues have forced California utility PG&E to increase the prices it will pay for 2GWh of battery storage projects, in a move which has been approved by regulators.
Finland and California-based second life energy storage firms Cactos and Smartville Inc have raised nearly US$10 million to commercialise systems using repurposed Tesla EV batteries – we talk to both company founders.
We speak to Sunrun senior director of market development and policy, Chris Rauscher, in the final instalment of our series of energy storage industry leader interviews at RE+ 2022.