The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.

Mitsubishi Power Americas’ spinout BESS solution firm Prevalon has entered into a long-term supply deal with lithium-ion battery OEM Rept.

Prevalon Energy, a dedicated BESS spin-out from Mitsubishi Power Americas, has secured a 328MWh order from utility Idaho Power in the US.

A roundup of energy storage news announcements from Energy Vault, Mitsubishi Power Americas and Tesla.

Renewable energy developer and operator Innergex has inaugurated a 50MW/250MWh battery energy storage system (BESS) at a solar PV plant in Chile.

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