Eos Energy Enterprises has signed a joint development agreement (JDA) with FlexGen Power Systems to develop a fully integrated battery energy storage system (BESS) solution using Eos’ zinc batteries and Flexgen’s Energy Management System (EMS).
Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.
Developer Upstream Energy has negotiated a resource adequacy (RA) agreement with California community choice aggregator (CCA) Clean Power Alliance (CPA) associated with the developer’s standalone Olinda BESS project located in Los Angeles County, California.
The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion.
Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
Long Island Power Authority (LIPA) in New York, US, has finalised contract negotiations for two large-scale BESS projects proposed by Key Capture Energy.