US energy storage deployments soar 80% to nearly 10GWh in Q3 2024
A total 3.8GW/9.9GWh of energy storage was deployed in the US in the third quarter of 2024, according to Wood Mackenzie’s US Energy Storage Monitor.
Battery analytics firm ACCURE monitors large-scale energy storage projects in Germany and US
Cloud-based battery analytics provider ACCURE is monitoring a fleet of large-scale battery storage systems in Germany for Iqony, a subsidiary of utility Steag.
KORE Power CEO discusses core belief in the value of US BESS manufacturing value chain
KORE Power CEO Lindsay Gorrill speaks with ESN Premium about the US startup’s manufacturing plans, why NMC won’t go away anytime soon, and where he thinks the BESS market is going.
Startup Proximal Energy’s AI agents to optimise Excelsior Energy Capital’s US battery storage sites
AI-driven asset management startup Proximal Energy has been selected by investor Excelsior Energy Capital to optimise a fleet of battery storage projects in the US.
NextEra, Primergy, Spearmint seek Minnesota regulator’s approval for 300MW of BESS projects
Three US-based independent power producers (IPPs) are currently seeking permission from the Minnesota PUC to construct new renewable energy facilities incorporating battery storage.
Gore Street secures ‘stackable’ Resource Adequacy contract for California BESS
Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
Thermal runaway still the biggest topic in battery storage insurance, says kWh Analytics
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.
‘Whole Fortune 500’ looking at tax credits now, but new entrants means risks like fraud – Foss & Company
Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.
Ormat puts 320MWh California BESS online, moves to monetise its 40% tax credit
IPP Ormat Technologies has put an 80MW/320MWh BESS in California into commercial operation, and will now leverage the investment tax credit (ITC) for which it is eligible.
EDF Renewables signs PPA for 1GWh battery storage plant with utility Arizona Public Service
EDF Renewables North America has signed a utility power purchase agreement (PPA) for a new battery storage project in Arizona.
