Vehicle-to-grid solutions provider Nuvve, along with a host of other groups, has signed a memorandum of understanding with the US Department of Energy to accelerate the commercialisation of V2G and other vehicle-grid integration technologies.

Energy-storage.news catches up with Thomas Cornell, Senior VP Energy Storage Solutions at Mitsubishi Power Americas about the company’s energy storage market activity, strategy and future plans.

News in brief from around the world in energy storage, this time from the USA.

Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.

Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.

CATL has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. 

Holyoke Gas & Electric (HG&E) with a 5MW/15MWh battery energy storage system (BESS).

Californian investor-owned utility PG&E has commissioned the 182.5MW/730MWh battery energy storage system supplied by Tesla at its Moss Landing substation.

President Joe Biden’s recent invocation of the Defense Production Act of 1950 could help solve supply chain issues, but only over the longer term. 

Facilities aimed at making products for the BESS industry announced by Turkey-headquartered Kontrolmatik and Ireland-headquartered Eaton.