A debt financing deal closed by independent power producer (IPP) sPower for a 100MW / 400MWh battery storage project in California demonstrates that significant project finance investment can be achieved for large-scale battery facilities.
With coal on its way out and decarbonisation across many parts of the US now an integral part of state level policies, could the demise of natural gas be the next step? Gas is seen by many as an interim solution in the energy transition and provides flexibility to energy networks that have adopted a greater share of renewables, but the tide could be turning against this last great dinosaur of the fossil age.
It has yet to build its first project but Jupiter Power, a developer, owner and operator of utility-scale energy storage has claimed it will deploy 652MWh of battery storage during 2021, kicking off a 10GW development pipeline.
The California Public Utilities Commission (CPUC) has amended aspects of its grid transparency tool to make it easier to deploy energy storage solutions in the state, following a motion from the Interstate Renewable Energy Council (IREC).
Updated: Alamitos, a 100MW / 400MWh standalone battery energy storage system (BESS) has begun operations in southern California, where it will help the state overcome electric system reliability issues as it pursues its goal of 100% carbon-free electricity by 2045.
A large-scale vanadium redox flow battery (VRFB) demonstration project in California which has been providing grid services on a commercial basis will now also trial the use of the technology for microgrid applications.
The US energy storage industry remained “remarkably resilient” during what most of us have found to be a difficult year – to say the least. Andy Colthorpe speaks with Key Capture Energy’s CEO Jeff Bishop and FlexGen’s COO Alan Grosse – two companies that made 2020 one of growth in their energy storage businesses – to hear what lessons can be learned and why economics rule.
Microgrids in the service territories of California’s main investor-owned utilities (IOU) could get a wider opportunity to help solve the state’s challenging energy situation with wildfire season approaching.
The Green Investment Group (GIG), a company owned by financial services group Macquarie, is investing an unspecified sum into esVolta, a US-headquartered developer and owner of utility-scale energy storage projects.
