The Virginia General Assembly has passed legislation to promote new energy storage investments by the US state’s two main utilities.

Renewable energy developer-operator Arevon has completed a US$258 million financing for the 200MW/400MWh Peregrine battery energy storage system (BESS) in San Diego, California, US.

BESS deployment data for 2024 and forecasts for 2025 have been released by BloombergNEF and the Energy Information Administration (EIA) respectively.

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.

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.

The US development arm of Spain’s Ignis has submitted an application with the California Energy Commission (CEC) to develop a 350MWh+ battery storage facility in Alameda County under the regulatory body’s Opt-In Certification Programme. 

The CEO of ‘All-iron’ flow battery manufacturer ESS Tech Inc (ESS Inc) has resigned, one of a number of steps the company has taken to ‘position it for the future’ after slower-than-expected growth.