Energy Vault has secured a US licensing deal for its gravity energy storage technology and awards covering its other technologies there and in Southeast Asia, it said in its Q2 results.

A large offshore wind project proposal in New Jersey, US, by Leading Light Wind includes an option to include a 253MW battery energy storage system (BESS).

Energy storage system and services firm Stem Inc grew revenues to US$93 million in the second quarter of 2023, and reduced its EBITDA loss by 15% to US$8.5 milllion.

Mobile energy storage firm Nomad has won a US$9.5 million DOE grant to deploy its product in rural communities in Vermont, US.

The US Department of Energy will commit US$30 million in new awards and funding opportunities for energy storage solutions.

The US Department of Energy has identified 1,800 sites in Alaska that could be suitable for new pumped hydro energy storage systems.

Renewable energy firm Greenvolt Power has acquired an early-stage co-located project in New Mexico, US, with a 50MW of energy storage.

Developer Jupiter Power has announced US$70.4 million in loan financing for two battery storage projects in ERCOT, Texas, arranged by First Citizens Bank.

US developer D. E. Shaw has broken ground on a 200MW solar, 100MW battery storage project in New Mexico, set to come online in 2024.

California has passed 5GW of grid-scale battery storage energy storage (BESS) projects, grid operator CAISO has revealed.