BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.
Green Mountain Power (GMP), a utility in the US state of Vermont, has requested approval on US$30 million in funding to expand a home battery energy storage scheme.
“We think this is the first battery cell which is designed from the end users’ point of view, based on how they want to use it,” EVE Energy’s head of energy storage Steven Chen says.
Developer Origis Energy has started building three solar-plus-storage projects in Mississippi, US, with battery energy storage systems (BESS) totalling 150MW supplied by Mitsubishi Power Americas.
US battery developer Delorean Power and the Holden Municipal Light Department (HMLD), a utility in the US state of Massachusetts, have unveiled a new battery storage project in the town of Massachusetts.
Global residential energy storage shipments fell year-on-year for the first time in the second quarter of 2023, S&P Global said, amidst less energy price volatility, high inventories and rising costs.