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Mitsubishi Power california sdg&e

Mitsubishi Power supplying California utility with 180MWh BESS for microgrids

August 12, 2022
California investor-owned utility SDG&E has chosen Mitsubishi Power as supplier of battery storage to four microgrids in its service area.

Energy Vault claims US$680 million revenue over 2022/23

August 8, 2022
Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.
swell energy

CIT leads financing of Swell Energy’s California behind-the-meter storage rollout

August 5, 2022
Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.
stem inc connecticut commercial

Stem Inc grows revenues 246% in Q2

August 5, 2022
Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.
Rendering of a solar PV and battery project Ameresco is delivering for a municipal utility in Colorado. Image: Ameresco.

Ameresco, Southern California Edison ‘working around the clock’ on 2.1GWh BESS portfolio

August 3, 2022
Ameresco and Southern California Edison are “working around the clock,” to deliver a 2.1GWh, three-site battery storage portfolio.
Broad Reach Power Texas BESS project in construction, 2020. Image: Broad Reach Power.

Broad Reach Power gets US$160 million financing for battery storage projects

July 29, 2022
Broad Reach Power is the latest US battery storage industry player to announce US$100 million or more in financing over the past few weeks.
acp us battery storage installations h1 2022

US installs 5GWh of battery storage in H1 2022 but overall clean power deployments fall

July 27, 2022
Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).
caiso bess battery storage california iso summer wildfire

Slowdown in BESS deployments on CAISO grid in lead-up to peak summer season

July 22, 2022
Battery storage deployments on the California ISO (CAISO) grid slowed in the lead-up to the peak summer season, with no new battery energy storage connected in May and only 65MW added in June.
Image: esVolta.

Generate Capital enters front-of-the-meter energy storage market with developer acquisition

July 22, 2022
Generate Capital has acquired US large-scale battery storage developer esVolta.
Advanced compressed air energy storage company Hydrostor placed in the top five VC deals with its US$250 million Goldman Sachs investment commitment. Image: Hydrostor.

California Energy Commission to decide on 4GWh advanced compressed air storage site

July 18, 2022
Hydrostor waits to hear if one of its proposed large-scale projects in California will get approved to supply electricity.

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Powin could cease operations by end of July if ‘present business circumstances do not improve’

Eos and Faraday partner to deploy California microgrid on tribal land

California launches US$280 million solar and battery programme for low-income households

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

US import tariff analysis spells out extent of challenge facing US battery storage industry

Spain launches €700 million support scheme for BESS, thermal storage and pumped hydro

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