CAISO
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Gridmatic study shows big gap in grid-scale battery performance in California
A Gridmatic analysis of California’s battery storage fleet finds a wide gap in asset performance, showing that bidding strategy and operational execution — not just location or market conditions — are key drivers of revenue differences across utility-scale batteries in the California Independent System Operator (CAISO) market.
Jul 01, 2026
Modo Energy raises $33M and sets out AI ambitions
Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
California crosses 10 GW battery storage threshold
California is adding massive amounts of battery energy storage and the project pipeline shows no sign of slowing down. Batteries are playing an increasingly dominant role on the grid, soaking up solar in the middle of the day and shifting it to the evening peak, where they have become the biggest single supplier.
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