Bills passed in Maryland and a recommendation from the Maine Governor’s Energy Office have called for increased energy storage development in the respective states.
Engie North America has partnered with CBRE Investment Management (CBRE IM) on a 2.4GW battery energy storage system (BESS) portfolio in Texas and California, US.
Developer SMT Energy, with utility CenterPoint Energy and construction company Irby, have broken ground on the 160MW/320MWh SMT Houston IV battery energy storage system (BESS) in Texas, US.
California utility Pacific Gas and Electric (PG&E) has announced its intent to return the Elkhorn battery energy storage system (BESS) to service by 1 June.
The US and China have announced a 90 day ‘pause’ on their huge reciprocal tariffs while they continue negotiations, with the effective tariff on BESS more than halving to around 60%.