In Texas, two companies, Energy Vault, recognised for its gravity energy storage technology, and Agilitas, known for smaller-scale projects in the Northeastern US, have put utility-scale energy storage projects in the state into operation.
Barrett Bilotta, president and CEO at Agilitas Energy, contributes to our Year in Review series, touching on industry growth in 2025, evolving wholesale market rules and an anticipated shift away from lithium-ion battery technology.
Interest rate rises and longer development timelines have driven a fall in the value of early-stage projects in the US clean energy and energy storage market and a flurry of sell-offs, developer-operator Agilitas Energy told Energy-Storage.news.
