Ford officially launches US stationary energy storage subsidiary, deliveries to begin in 2027
Ford Motor Company has officially launched its energy storage subsidiary, which the US automaker first announced late last year.
AESC, Jinko’s asset sales are start of wider US clean energy manufacturing industry restructuring
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
BloombergNEF forecasts 158GW of global energy storage deployments in 2026
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
ROUNDUP: IPPs BrightNight, Lydian acquire US portfolios, ILOS Projects upsizes European credit facility
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.
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.
