Southern California Edison, one of the US’ top-ranking utilities for energy storage capacity already deployed, has signed contracts for seven more projects, totalling 195MW in its California service area.
US$400 million of funding pledged by New York’s state Governor Andrew Cuomo last week towards his “comprehensive climate agenda” will include US$280 million in support for energy storage.
North Carolina-headquartered utility Duke Energy has agreed to sell a minority stake in a roughly 1.2GW portion of its renewable energy portfolio for US$1.25 billion.
A serious incident at an energy storage project that hospitalised four firefighters in Arizona is currently under investigation, with “investigative outcomes” from the utility in question, APS, set to inform the industry’s path forwards.
A fire at a large-scale battery energy storage project late last week left four firefighters injured in Arizona, with two reported to be seriously injured, in an incident now under investigation.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said.
The sale of Nissan’s power battery business, Automotive Energy Supply Corporation (AESC) to Envision Group has been completed, with the new owner aiming for 20GWh of annual production capacity of nickel manganese cobalt batteries in China.
