Tesla reports declines in quarterly energy storage revenues and deployments
Tesla’s quarterly energy storage deployments fell 15% while revenues for its energy division dropped 12% year-over-year from Q1 2025 to Q1 2026.
Virginia Governor Abigail Spanberger signs legislation mandating 20.78GW of energy storage
Virginia, US Governor Abigail Spanberger has signed legislation authorising the state to target a total of 20.78GW of energy storage capacity.
Minnesota regulator approves Xcel’s controversial utility-owned virtual power plant
The Minnesota Public Utilities Commission (MPUC) has approved a 200MW expansion of utility Xcel Energy’s Capacity*Connect virtual power plant (VPP) programme.
American Battery Factory, Lion Energy form partnership for US-made LFP BESS equipment
Lion Energy has announced a strategic partnership with gigafactory startup American Battery Factory to enable recently announced 4.5GWh offtake agreements.
GridStor, Axpo execute energy storage revenue swap agreement for 440MWh Texas BESS
Gridstor and Axpo have executed an energy storage revenue swap agreement for a 220MW/440MWh BESS in Galveston County, Texas.
FlexGen acquires US battery storage and solar commissioning services provider CES
FlexGen has acquired CES, which has to date commissioned more than 15GWh of battery energy storage system (BESS) projects.
‘US battery manufacturing will surpass 100% of demand’, US ESC report states
A new report from the US Energy Storage Coalition (ESC) indicates that the American battery manufacturing sector surpasses 100% of US demand for energy storage systems (ESS) and modules.
Elevate Renewables developing 600MWh New Jersey BESS through state’s energy storage programme
The New Jersey Board of Public Utilities (NJBPU) has selected developer and IPP Elevate Renewables’ 600MWh battery energy storage system (BESS) for development in Ridgefield, New Jersey, US.
Arevon starts building 1GWh California BESS; BPP and Energy Vault buy Texas projects
Arevon, Banpu Power (BPP) and Energy Vault have made BESS project announcements totalling 1,550MWh of capacity in the US.
Nebraska advances energy storage and data centre-focused bill
The legislative body of Nebraska, US, has advanced a bill to clarify and expand the state’s use of battery energy storage systems (BESS).
