The business model for battery energy storage systems (BESS) in the US is changing rapidly, according to industry experts who gathered recently to discuss revenue strategies and market conditions.
Energy storage developer NineDot Energy closes US$431 million in construction financing for New York BESS projects. Meanwhile, US energy efficiency and renewables company Ameresco completes multiple tax credit transfer and financing transactions for solar PV and BESS.
Ameresco has put Arizona’s largest behind-the-meter battery energy storage system (BESS) into operation, meanwhile Alliant Energy has begun operating Wisconsin’s largest BESS to-date.
Clean energy system integrator Ameresco and utility Southern California Edison (SCE) have agreed the substantial completion for two BESS projects out of a three-project order, though liquidated damages related to their substantial delay in coming online are still being negotiated.
System integrator Ameresco has completed and put into commercial operation eight battery energy storage system (BESS) projects for utility United Power in Colorado, US.
Utility Southern California Edison is considering withholding liquidated damages from Ameresco after continued delays to 537.5MW/2,150MWh BESS portfolio.
Developer-operator Atlantic Green has enlisted system integrator Ameresco and clean energy manufacturer Envision Energy for a 300MW/624MWh BESS project in the UK.
System integrator Ameresco will build a maximum 50MW/200MWh battery energy storage system (BESS) in partnership with Silicon Valley Power (SVP), the non-profit utility of the city of Santa Clara, California.
