Goldman Sachs-backed standalone energy storage startup Gridstor building first project in California
US energy storage developer Gridstor has announced the start of construction of its first project, a 60MW/160MWh BESS in California.
Texas: ITC-aided 200MW merchant project comes online, CATL in 5GWh supply deal
Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.
Developer Agilitas to expand from Northeast US base with US$75 million Texas BESS portfolio acquisition
Agilitas Energy, a developer of distributed and smaller utility-scale solar PV and battery storage projects in the US, has entered the Texas ERCOT market.
Texas: Market saturation and new ERCOT rules to hit BESS finances
BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.
RWE connects 548MWh battery storage project to California’s CAISO grid
RWE has brought its biggest utility-scale BESS project in the US closer to the start of commercial operations.
Supply chain, interconnection queues result in slow Q1 for US energy storage industry
After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.
Form Energy signs ‘definitive agreement’ for 100-hour iron-air BESS with Georgia Power
‘Multi-day storage’ tech company Form Energy and US utility Georgia Power have sealed a “definitive agreement” for a grid-scale project.
Avantus sells California solar-plus-storage project with 500MW/2,000MWh BESS to AES
AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.
US energy storage industry grapples complexity, cost of ITC tax equity transactions
The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.
New York regulators give utilities three-year extension on energy storage projects
The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.
