Residential energy storage startup Base Power has raised US$1 billion in Series C financing from venture capital fund Addition.

The capacity of virtual power plants in North America has reached 37.5GW, a 13.7% year-on-year growth, according to Wood Mackenzie.

Hithium has partnered with The Imperial Electric Company to deliver 1GWh of energy storage across Pakistan’s residential and C&I sectors.

Governor of Maryland, US, Wes Moore, has announced a US$2 million initiative to make battery storage more accessible for residents and business owners in the state.

Energy-Storage.news Premium speaks with the co-founder and chief products officer of microinverter and home energy storage system supplier Enphase Energy, Raghu Belur, to discuss the domestic content of its systems and the company’s latest earnings report.

A 535MW fleet of aggregated household battery storage systems, including Tesla Powerwalls, effectively reduced net load on the California grid in a recent test event.  

Western Australia has expanded the state’s home BESS rebate scheme, which is expected to lower installation costs for around 100,000 households.

RedEarth has partnered with China’s Nebula Electronics and ambibox to develop what it claims is the world’s first ‘Microgrid-in-a-Box’ (MIB).

Energy storage virtual power plant (VPP) provider Sonnen is partnering with Abundance Energy and Energywell Technology Licensing to develop a battery-enabled VPP in Texas, US.

NYSERDA has launched a programme to incentivise residential and retail energy storage in the state, offering a total of US$775 million for energy storage projects.