Summit Ridge Energy has commissioned two battery energy storage system (BESS) projects in New York City which will help reduce the grid’s reliance on diesel-fueled generation.

Access to grid services markets could be a critical part of enabling wider adoption of solar PV and battery storage for low-income households, partners behind a new programme in California have said.

State-sponsored investment fund NY Green Bank, will lend US$25 million to NineDot Energy, a developer of energy storage systems in New York.

Many ASEAN countries are advancing their adoption of renewable energy with the support of regulators, but the same can’t yet be said for energy storage technologies.

The US state of Minnesota has passed a package of incentives for solar, energy storage, microgrids and energy resiliency totalling US$80 million.

DOE has opened a funding opportunity for work to address gaps or weaknesses in manufacturing of solid-state and flow battery technologies.

CPUC approved rules of programme to offer US$200 million funding for microgrid projects in the service areas of investor-owned utilities.

The Australian market for residential battery storage grew by an estimated 55% in 2022 from the previous year, according to SunWiz.

The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.

LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.