Zinc battery storage company Eos Energy Enterprises has received positive news from the US Department of Energy (DOE) regarding a US$398.6 million loan.

New York’s governor Kathy Hochul has welcomed the start of commercial operations at the US state’s first BESS project in public ownership.

French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.

Origis Energy plans to use funding facility to develop 2GW of large-scale solar and energy storage projects in the US.

The domestic manufacturing capabilities of US flow battery providers ESS Inc and Stryten Energy have been celebrated by senior state politicians in Oregon and Georgia respectively.

By the end of 2022, US co-located renewable and energy storage projects totalled 41GW of generating power and 5.4GW/15.2GWh of energy storage, according to Lawrence Berkeley National Laboratory (LBNL) analysis.

Since the Inflation Reduction Act, US$270 billion of US clean energy investment has been announced while downstream projects in development have hit 185GW – 80% and 92% higher than four months ago.

Regulators in New Jersey have opened up a Request for Information (RFI) on a draft incentive plan to promote energy storage deployment in the northeastern US state.

US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.

Key Capture Energy co-founder Jeff Bishop is set to stand down from his role as CEO once a successor has been selected.