US energy storage developer Flatiron Energy has closed on approximately US$850 million for its 1,200MWh Energizar energy storage project in Chelsea, Massachusetts, US.
Massachusetts’s Department of Energy Resources (DOER) has completed the evaluation of bids received in response to the Section 83E Storage request for proposals (RFP), selecting projects totalling 1,268MW of energy storage capacity.
Expected since the beginning of this year, Massachusetts has confirmed that it will implement an “aspirational” 200MWh energy storage procurement target for electric distribution companies.