Some big names have announced steps forward in their residential battery offerings.

Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.

VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.

German home energy storage and virtual power plant (VPP) company sonnen has deployed 86 of its ecoLinx batteries in a new-build complex in Florida, US.

Programmes to provide home energy storage solutions to low-income homes and businesses have been launched in Washington D.C and Connecticut by Electriq Power and Generac/PosiGen, respectively.

SolarEdge has begun producing test cells for certification at its newly opened lithium-ion cell gigafactory in South Korea.

The brother of the founder of the US’ largest homebuilder D R Horton has chosen Salient Energy’s zinc-ion battery storage system for installation in the 200,000 homes his company plans to build, saying that lithium-ion has “a lot of issues”.

Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.

“Intelligent energy platform” company Kaluza is claiming a UK first as it provides one of the country’s distribution network operators (DNOs) with flexibility from domestic batteries and transport solutions using one platform.

Shell Energy has launched a new Solar Storage tariff as part of its partnership with German battery storage system manufacturer sonnen.