Energy storage owner-operator Nightpeak Energy has reached financial close and commercial operation on its 150MW/300MWh Bocanova 2 battery storage project in Brazoria County, Southeast Texas.
The Illinois Power Agency (IPA) is seeking stakeholder feedback on its summer procurement of 600MW of energy storage projects in the US state, after falling short by 438MW.
US tax equity syndicator Foss & Company has closed a US$58 million partnership flip transaction to finance an energy storage project in Hidalgo County, Texas, developed by GridStor.
Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.
Annual battery energy storage system (BESS) failures per-deployed-GWh declined 98% globally between 2018 and 2025, as installed BESS capacity grew exponentially.
US energy holding company and project developer-owner NextEra Energy has suspended operations at two energy storage facilities in Long Island, New York, US.