ROUNDUP: Key Capture Energy CEO, Energy Vault BESS evaluated, Dominion Virginia project online
News in brief from around the world in energy storage, with Key Capture Energy, Energy Vault and Dominion Energy Virginia.

News in brief from around the world in energy storage, with Key Capture Energy, Energy Vault and Dominion Energy Virginia.
The European Commission, along with governments of Australia, the US and Canada, have backed a new initiative to promote battery storage.
Energy-Storage.news speaks with Jeff Bishop, CEO of Key Capture Energy about Michigan’s new energy storage target and why the Midwest could be the US’ biggest BESS market-in-waiting.
Grid-scale battery storage will be added in the Caribbean by Honeywell in the US Virgin Islands and Leclanché in St Kitts & Nevis.
Energy-Storage.news Premium speaks with one of the authors of a report into how communities can evaluate energy storage project proposals.
Michigan Governor Gretchen Whitmer has signed legislation that sets climate targets for the US Midwest state including a 100% Clean Energy Standard by 2040 and a 2,500MW by 2030 energy storage target.
Jennifer Downing, senior advisor to the Loan Programs Office at the US Department of Energy (DOE) and author of a recent report into virtual power plant technology, speaks to Energy-Storage.news.
China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).
Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.
Proposed net metering (NEM) rules in California that would add a US$8/kW per month grid access fee for residential solar systems have been described as “regressive and out of touch with reality” by a NEM policy expert.