Managers of the UK’s largest BESS owner-operator Gresham House Energy Storage Fund (GRID) discussed recent investment news and future strategy this week.
South Australia’s first Firm Energy Reliability Mechanism (FERM) tender has awarded agreements to six battery energy storage projects totalling 1,334MW and 5,336MWh.
The Electric Reliability Council of Texas (ERCOT) has initiated a programme to encourage battery energy storage systems (BESS) and other inverter-based resources to adopt grid-forming technology.
The California Energy Commission (CEC) has approved a 400MW/3,200MWh grid-scale battery storage project through the state planning agency’s Opt-In Certification Program.
The US can currently produce enough solar and battery energy storage system (BESS) modules to meet domestic demand, according to clean energy trade body American Clean Power (ACP).