Developer Rye Development are partnering with Kentucky, US utility companies Louisville Gas and Electric (LG&E) and Kentucky Utilities (KU), on a 266MW/2,128MWh pumped hydro energy storage (PHES) project.
The Minnesota Public Utilities Commission (MPUC) has approved a 200MW expansion of utility Xcel Energy’s Capacity*Connect virtual power plant (VPP) programme.
Lion Energy has announced a strategic partnership with gigafactory startup American Battery Factory to enable recently announced 4.5GWh offtake agreements.
A panel at the 2026 US Energy Storage Summit in Dallas, Texas, discussed the “creative, innovative structures” developers are having to embrace to secure long-term revenues for energy storage projects.