The US Bureau of Land Management (BLM) has given the go-ahead for a large-scale battery energy storage system (BESS) co-located with a wind plant in California.
US energy storage provider and renewable asset management services group Stem Inc. has confirmed guidance that it will be EBITDA positive throughout 2024.
EDF Renewables North America has signed a PPA with California utility Southern California Public Power Authority (SCPPA) for part of the offtake of a solar-plus-storage project in neighbouring Nevada with a 780MWh BESS.
Energy Storage Canada (ESC) is “thrilled” that the Canada Infrastructure Bank’s (CIB’s) investment into a large-scale battery storage portfolio will enable Indigenous communities to hold a stake in it.
US$150 million has been raised in a Series B by Antora Energy, a US-based startup with a novel ‘thermal battery’ technology claimed to be suitable for decarbonising industrial processes.
Results of the 18th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage’s participation having soared in recent years.
Italy-headquartered energy storage solutions provider NHOA Energy grew revenues 33% in 2023 despite a 20% industry-wide drop in prices, it said in its full-year results.