Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
Clean energy trade body American Clean Power Association (ACP) has released a report on energy storage market reforms for regional grid operators based on findings from the Brattle Group.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.