UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.

Developer-operator TransGrid Energy has successfully secured over US$1.4 billion in financing for two battery energy storage (BESS) projects located in Arizona, US, with a combined capacity of 450MW/1,800MWh.

California High-Speed Rail Authority (CHSRA) has commenced the permitting process for a 265MWh hybrid solar and BESS project.

LG ES will begin production of lithium iron phosphate (LFP) cells for stationary energy storage applications in the US this year.

European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.

Balance-of-plant (BOP) contractor Zenviron has secured a contract with EnergyAustralia to provide balance-of-plant design, construction, installation, and commissioning of a 350MW battery energy storage system in Victoria, Australia.

Energy software and consulting group Ascend Analytics CEO Gary Dorris discusses changes to ancillary services in the Electric Reliability Council of Texas (ERCOT) market and what asset optimisers need to do to stay ahead of the curve.

Latvia state-owned utility and power generation firm Latvenergo intends to deploy 250MW/500MWh of BESS in the next five years.

A fire broke out at an under-construction BESS project in Essex, England, on 19 February and was brought under control and then handed back to site management a day later.

Acen Australia has started construction on a 200MW/400MWh BESS co-located at the 720MW New England site in New South Wales, Australia.