Terrepower, through its brand Ontility, is launching EV battery lifecycle solutions in Europe and North America to maximize the value of used EV batteries. The effort aims to provide validated reuse, remanufacturing, repurposing, and recycling solutions for the growing number of end-of-life electric vehicle batteries.
Maine has selected projects for new generation and transmission, affirming its faith in wind energy's future. This win is part of a regional bid, suggesting the success may also extend to neighboring states. The outcome is seen as a positive sign for the industry.
Actis's subsidiary, Nozomi Energy, has closed financing for a 50MW/196MWh battery storage project in Japan, which is likely to be part of the country's capacity market. The project's success could be attributed to the favorable Japanese energy landscape, where renewable energy and energy storage are increasingly integrated into the grid.
By 2026, more than 56% of California's electricity demand is expected to be supplied by wind, water, and solar power. The increasing installation of renewable energy plants and rooftop solar systems is driving this growth in clean energy production. This shift towards WWS-powered electricity meets a goal predicted by Stanford professor Mark Z. Jacobson, who has advocated for 100% renewable energy sources since 2007.
India's storage market is shifting its focus from short-duration firming to long-duration energy storage. Despite initial emphasis on 4-hour battery storage, conversations about extended duration storage solutions are gaining traction. Long-duration energy storage discussions are becoming increasingly prominent in the Indian storage market.
Trina Storage has been awarded a contract to supply 562MWh of its batteries as part of the Stage One phase of Frontier Energy's Waroona Renewable Energy Project in Western Australia. The project will utilize solar power to generate electricity and store it in the BESS for later use, supporting the grid with renewable energy.
Energy Storage Canada proposes a new track for Ontario's BTM batteries, which would procure 100 to 500 MW of behind-the-meter storage under standard-offer contracts. This move aims to address the lack of dependable capacity in procuring batteries for commercial and industrial meters. The proposal estimates achievable annual revenue at approximately $210,000 to $250,000/MW-year.
Anker is offering a launch deal on its new HomeKit-ready Wall Light Cam S4 with a 2-pack bundle priced at $400. Anker's SOLIX power station is also on sale for $231, including exclusive bonus savings and free gifts. Additionally, Monarc e-bikes are available with free extras for bundles priced at $1,999 and $1,899.
UL Solutions has launched a new certification program for vehicle-to-grid (V2G) technologies, which will help advance the use of electric vehicles as a resource for the power grid. The program aims to address rising electricity demand, integrate renewable energy, and improve grid resilience by allowing parked electric vehicles to supply energy back into the grid. This move is seen as an effort to unlock the full potential of V2G technologies in utilities and other industries.
US energy storage companies are securing financing and launching compliance services as regulatory shifts increase complexity. Companies like Heron Power and NeoVolta have secured significant credit facilities, while Carina Energy has launched a FEOC compliance support practice for developers navigating regulatory changes. This trend suggests a need for financial backing and expertise in addressing new regulations.
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