The US utility-scale battery storage sector achieved its highest-ever annual deployments in 2022, a year in which solar PV and wind underperformed against expectations.
Energy technology firm Wärtsilä completed a 125MW/250MWh battery storage project for REV Renewables in California in time to help CAISO deal with record heatwave conditions in September 2022.
B2U Storage Solutions has further expanded its in-house second life energy storage project in California to 25MWh, an alternative approach to peers which president Freeman Hall explained to Energy-Storage.news.
California utilities CPA and SCE have issued requests for microgrid and power resiliency projects using energy storage as the state continues to adapt to an increased risk of power shutoffs.
Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.
The California Independent System Operator (CAISO) has enacted market rule changes to make it easier for energy storage to provide grid ancillary services and help grid reliability.
The US industry deployed more than 5GWh of energy storage in the third quarter of 2022, close to half the entire amount of storage installed in the country in 2021.
Cost inflation and supply chain issues have forced California utility PG&E to increase the prices it will pay for 2GWh of battery storage projects, in a move which has been approved by regulators.
