London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has entered into an agreement to sell its investment tax credits (ITCs) for the Big Rock energy storage project in California, US.

California community choice aggregator Ava Community Energy’s new BESS offtake agreements with EDP Renewables incorporate measures to share policy risks.

The US Environmental Protection Agency (EPA) has entered into a settlement agreement with IPP LS Power to direct cleanup after a lithium-ion battery fire at the company’s Gateway energy storage facility in San Diego, California. 

Coval Infrastructure has become the latest developer to submit an application with the California Energy Commission (CEC), as part of the regulator’s opt-in certification scheme.

Avantus has raised more than US$500 million for 200MW/500MWh Aratina 1 BESS project in Kern County, California.

The US Department of Energy’s (DOE’s) Office of Electricity (OE) has announced funding of up to US$15 million for three storage technologies.

Fengate Asset Management and Alpha Omega Power’s (AOP’s) 100MW/400MWh Caballero battery energy storage system (BESS) in California, has reached commercial operations.

Independent power producer (IPP) CleanCapital has acquired a 27MW solar and 25MWh battery storage portfolio across Massachusetts and California, from Pacifico Energy.

Intersect Power has become the latest player in the energy storage space to feel the adverse effects of tariff increases and policy uncertainty.

Publicly owned California utility Sacramento Municipal Utility District (SMUD) and developer D. E. Shaw Renewable Investments (DESRI) have executed a long-term power purchase agreement (PPA) for a 640MWh battery energy storage system (BESS) in California.