Green Mountain Power (GMP), a utility in the US state of Vermont, has requested approval on US$30 million in funding to expand a home battery energy storage scheme.
Developer Origis Energy has started building three solar-plus-storage projects in Mississippi, US, with battery energy storage systems (BESS) totalling 150MW supplied by Mitsubishi Power Americas.
Canada-based firm Moment Energy has secured UL 1974 certification for second life energy storage production, the first in North America to do so, the company said.
The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.
Developer Hexagon is talking to investment bankers with a view to selling a portfolio of battery storage projects in the ERCOT, Texas market, totalling 2GW.
Sodium-ion battery technology firm Peak Energy has emerged from stealth, with US$10 million in funding and a management team comprising ex-Northvolt, Tesla, Enovix and SunPower executives.
This year has seen major energy storage deployment plans announced by telecommunications network operators in Finland and Germany, and substantial fundraises by ESS firms targeting the segment.
The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
