The US Department of Energy (DOE) announced a conditional commitment to IceBrick Energy, for a loan of up to US$305.54 million to finance Project IceBrick, 9 December.
San Antonio, Texas utility CPS Energy and developer OCI Energy entered into a long-term storage capacity agreement (SCA) for a 120MW/480MWh battery energy storage system (BESS) 6 December.
IPP Nofar Energy has agreed a Flexibility Purchase Agreement (FPA) for a 209MWh BESS project in Germany, the first of its kind in Continental Europe, it claimed.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
Investor-owned utility (IOU) Southern California Edison (SCE) is seeking regulatory approval of resource adequacy (RA) contracts covering 620MW of BESS capacity across three projects.
The Georgia Public Service Commission (PSC) has verified with Energy-Storage.news that it voted unanimously 3 December, to certify utility Georgia Power’s plans to build 500MW of battery energy storage systems (BESS) across four locations.
A large-scale hybrid project has been connected to the grid in China, combining BESS and supercapacitor technology to provide numerous services to the grid including black start.
China-headquartered electronics firm Huawei has secured a supply agreement to provide a 4.5GWh battery energy storage system (BESS) for the Meralco Terra Solar project in the Philippines.
