Toronto, Ontario-headquartered Hydrostor has secured a US$200 million investment for its advanced compressed air energy storage (A-CAES) projects both in Canada and globally.
Developer and operator esVolta has completed a preferred equity transaction with investor Captona for three BESS in Texas, US, while GridStor has bought a 400MWh project in Arizona.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion.
An “unbelievable appetite for clean energy” is pushing the developer of Gemini, the US’s largest co-located solar-plus-storage power plant, to pursue opportunities of a similar scale.
Developer Upstream Energy has negotiated a resource adequacy (RA) agreement with California community choice aggregator (CCA) Clean Power Alliance (CPA) associated with the developer’s standalone Olinda BESS project located in Los Angeles County, California.
The Planning and Development Services Department at California’s Imperial County has prepared initial environmental assessment documents for a 800MW hybrid solar and BESS facility proposed by developer RAI Energy.
System integrator EVLO Energy Storage (EVLO) has completed delivery of the BESS units for a 12MW/64MWh California BESS project, its first in the state.
Investor-owned utility (IOU) Southern California Edison (SCE) is seeking regulatory approval of resource adequacy (RA) contracts covering 620MW of BESS capacity across three projects.
The US battery storage market is in a rapid growth phase and becoming increasingly competitive, creating an increasing need for sophisticated technologies and a deeper understanding of markets.
