The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership.

Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.

As the building blocks of energy storage systems, batteries have a key role in influencing system design and economics. Davion Hill of DNV GL explores the importance of testing the performance of individual battery cells in minimising the exposure of battery buyers to technical risks

While Extinction Rebellion may have helped draw attention to the scale of the problem, it’s now up to us all – especially those of us with a head-start in the industry – to bring the solutions to life.

Pika, a manufacturer of home energy storage systems headquartered in Maine, US, has been bought up by power generation equipment manufacturer Generac

Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.

UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.

Along with TEPCO, Mercom named other major utilities and companies with a background in oil and gas as investors in the battery storage sector during the quarter.

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.

A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.