Distributed energy company Scale Microgrids has closed US$275 million to support 140MW of distributed generation projects, including battery storage installations in several US states.
Developer and IPP Elevate Renewables will deploy a grid-forming BESS at a fossil fuel peaker plant in Connecticut, US, with US$27.5 million from the Department of Energy (DOE).
Up to US$16,000 in upfront incentives are available per customer for residential battery purchases in Connecticut after changes were made to a utility scheme in the US state.
The transferability provisions under the Inflation Reduction Act (IRA) in the US “will unlock billions” in capital for clean energy, said financing firm Evergrow as it claimed the first tax credit transfer transaction.
Developer BlueWave talked Energy-Storage.news through the opportunities for energy storage in ISO New England (ISO-NE), one of only a few markets where ancillary services are not part of the long-term value stack.
Connecticut utilities Eversource, and UI and a quasi-state bank have together launched the next 100MW tranche of a programme aimed at incentivising 580MW of customer-sited energy storage projects.
Independent Power Producer (IPP) FirstLight Power will replace its Tunnel Jet peaking facility in Connecticut, US, with a battery energy storage system by 2024/25.
Programmes to provide home energy storage solutions to low-income homes and businesses have been launched in Washington D.C and Connecticut by Electriq Power and Generac/PosiGen, respectively.
A programme incentivising the deployment of customer-sited energy storage systems (ESS) has been launched by the two main investor-owned utilities serving the US state of Connecticut.
