Uplight, a US energy software company that helps electric utilities reduce their baseload energy use by monitoring and adapting how their networks operate based on consumer behaviour, has reached a valuation of US$1.5 billion following investment from groups including Schneider Electric.

The US’ installations of advanced energy storage — almost entirely lithium-ion battery systems — went beyond the 1GW mark in 2020, while in capacity terms the figure was close to 3.5GWh.

Re-examining older and potentially hazardous battery energy storage systems should be an “essential” tool in fire prevention, according to a panel of industry leaders.

Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. It may be a unique market with unique characteristics, but what wider role can batteries — and other energy storage technologies — play in assisting the grid to remain stable and prevent a situation like this from happening again?

Puerto Rico has issued a request for proposals (RFP) to construct 1GW of renewable energy capacity and 500MW of battery energy storage on the island.

The sudden and rapid use of Special Purpose Acquisition Companies (SPACs) to launch privately-held companies into publicly-listed entities is a minor phenomenon of our time and some players in clean energy industries including energy storage, have been quick to join the wave. It can work out really well, but it can also all end in tears: so choose wisely, says Charles Lesser, partner at Apricum – The Cleantech Advisory.

What does the energy storage industry make of Biden’s commitment to ‘Build Back Better’ and to rejoin the Paris Agreement?

With the US having rejoined the Paris Accord on the climate crisis last week, President Joe Biden has now signed an Executive Order which identifies the importance of mitigating risks in the supply chain for “large capacity batteries”.

Energy-storage.news speaks with Ameresco executive VP and general manager, at its Federal Solutions division, Nicole Bulgarino, who tells us about why this type of project can play such a critical role in proving the case for smart energy solutions that include battery storage.

Portuguese utility EDP will double down on efforts to grow its energy storage and green hydrogen capabilities through two separate business units focused on the technologies.