US will install 500GWh of new energy storage by 2031, Wood Mackenzie predicts
Wood Mackenzie has forecast that the US energy storage industry will install around half a terawatt-hour of new capacity over the next five years.


Wood Mackenzie has forecast that the US energy storage industry will install around half a terawatt-hour of new capacity over the next five years.
Form Energy has signed a 12GWh supply agreement in the US for its iron-air batteries with AI data centre infrastructure developer Crusoe.
Energy storage developer and system integrator Energy Vault has released its Q4 and full year 2025 financial results, showing growth credited to entering the AI infrastructure market, expanding projects in Australia and its ‘Asset Vault’ subsidiary.
In this US news roundup, updates on solar-plus-storage projects from Google and DTE Energy, Sunraycer, Invenergy and SRP, Idemitsu Renewables, and Clēnera.
LG Energy Solution has entered into a US$4.3 billion supply agreement with Tesla, announced by the US government, while simultaneously upgrading its EV battery plant with GM for ESS cells.
The new edition of the UL9540A fire safety standard for battery energy storage systems (BESS) “establishes a new precedent in the testing and certification ecosystem.”
South Korean battery and electronics materials manufacturer Samsung SDI has secured a KRW1.5 trillion (US$1 billion) deal to supply energy storage system (ESS) batteries for a US energy company.
Geothermal and battery storage firm Ormat Technologies’ 80MW/320MWh Shirk battery energy storage system (BESS) in Visalia, California, US, has reached commercial operation.
According to a representative from sodium-ion (Na-ion) battery energy storage system (BESS) startup Peak Energy, the company will pilot a 3.1MWh system at Energy firm RWE’s Eastern Wisconsin, US lab.
New York, US is leading the country in battery energy storage system (BESS) moratoriums, with 97 moratoriums in place, according to renewables service provider Carina Energy.