Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.
Californian investor-owned utility PG&E has commissioned the 182.5MW/730MWh battery energy storage system supplied by Tesla at its Moss Landing substation.
Battery energy storage is load shifting up to 6GWh a day on the California ISO (CAISO) grid, storage sector manager Gabe Murtaugh told Energy-storage.news, as the operator considers a market design change linked to batteries’ state of charge (SoC).