Engie North America has partnered with CBRE Investment Management (CBRE IM) on a 2.4GW battery energy storage system (BESS) portfolio in Texas and California, US.
Flow battery energy storage manufacturer ESS Inc. could achieve profitability “in the next few years,” if its new product is a success, the company’s CFO has said.
In a contrasting double-header of news for the US energy storage ecosystem, Our Next Energy (ONE) has launched US-made cells, modules and BMS while BESS manufacturer American Energy Storage Innovations (AESI) is winding down its business.
The battery storage arm of Canadian Solar expects to make between 7GWh and 9GWh of shipments this year, with the final figure dependent on trade policy developments.
Despite new state incentives for energy storage in New York, some independent power producers (IPP) are still struggling to make progress in the face of local opposition, permitting hurdles and moratoriums.
Developer SMT Energy, with utility CenterPoint Energy and construction company Irby, have broken ground on the 160MW/320MWh SMT Houston IV battery energy storage system (BESS) in Texas, US.