Alberto Valenzuela discusses ahead of Energy Storage Summit Latin America about Mexico’s growing interest in renewables and energy storage, and the factors driving this growth.
US tax equity syndicator Foss & Company has closed a US$58 million partnership flip transaction to finance an energy storage project in Hidalgo County, Texas, developed by GridStor.
Valo, the new joint venture formed as a continuation of Wärtsilä’s energy storage business, is weighing up investing in the US supply chain, including factories.
Power group Engie has put an 142MW/802MWh BESS project in Chile into operation, while IPP Grenergy has secured financing for the fifth and final stage of its Oasis de Atacama solar-plus-storage project.
Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
AI data centres have energy and power requirements demanding enough to potentially stretch lithium-ion beyond its versatile limits, writes Intertek CEA market intelligence consultant Aaron Marks.
