The European Union (EU) has unveiled its plans for its own Inflation Reduction Act-style support package, the Green Deal Industrial Plan, for clean energy technologies including energy storage.

Independent power producer Clearway Energy Group has brought a 36MW solar PV plus 144MWh battery energy storage system project online in O’ahu, Hawaii, delivered by energy technology firm Wärtsilä.

Renewables developer Intersect Power has brought a 310MWp PV, 448MWh energy storage system project online in California.

Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.

Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.

A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million.

Google’s smart home division has joined a group of companies including Ford, Sunpower and Sunrun in founding a new partnership centred around scaling the market for virtual power plants (VPP).

Agilitas Energy, a developer of distributed solar PV and energy storage with a focus on the north-east US, is our latest contributor.

Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.

California utility PG&E is developing a long-duration energy storage microgrid combining batteries and green hydrogen, in partnership with Energy Vault, the company known for its gravity-based solution.