US DOE Loan Programs Office has invited Nostromo into due diligence and terms sheet negotiations for a loan worth up to US$176 million.

Energy storage and energy management solutions provider Electriq Power has completed a special purpose acquisition company (SPAC) merger.

The California Energy Commission (CEC) has approved the participation of aggregated home batteries in demand response programme.

Access to grid services markets could be a critical part of enabling wider adoption of solar PV and battery storage for low-income households, partners behind a new programme in California have said.

Leap, a provider of software to aggregate distributed energy resources into VPPs, has raised US$12 million equity investments.

Bi-directional smart charging from The Mobility House will turn electric vehicles (EVs) from Renault into vehicle-to-grid (V2G) assets.

Multinational energy firm RWE has started construction on two battery storage projects totalling 220MW/235MWh in Germany.

Another serving of news in brief from around the world in energy storage.

As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.

This edition of news in brief from around the world in energy storage focuses on virtual power plant action in the US.