The company reports that 21 states have at least 20 MW of energy storage projects proposed, under construction or already in place.
The most recent funding influx means the California battery maker has secured $114 million to date, and the company has hinted at trying to break into the Chinese market.
Winners in State 2 of the NY Prize Community Microgrid competiition will receive $1 million through the New York State Energy Research and Development Authority to engineer and develop plans for microgrids to bring local clean energy generation and backup power to their communities.
The growing demand for affordable electric vehicle batteries is driving cost reductions in lithium-ion battery technology, which is beneficial for affordable stationary storage, according to a new Lux Research report.
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