A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.

Vistra Energy will have more than 1,213MW of battery storage in operation in its portfolio by 2026, the US power generation company has claimed.

When partnered with artificial intelligence (AI), the next generation of battery energy storage systems (BESS) will give rise to radical new opportunities.

Battery storage is the most obvious medium-term solution to help stabilise the grid and act as a catalyst to enable renewable energy.

Microsoft will be the latest big tech player to use battery storage at data centres which will provide grid flexibility services.

Queensland’s state government has identified batteries as the fastest way to add energy storage to the electricity network.

Carbon-free energy deals signed by Google and a California community energy group could be a widely replicable model.

NextEra Energy decarbonisation strategy includes eliminating all scope 1 and 2 emissions from its operations by 2045 without carbon offsets.

Western Australia will retire its two state-owned coal power plants by 2030 and invest in renewable energy and energy storage.

Companies building battery energy storage facilities at former coal power plant sites in Illinois will get US$280.5 million in grants.