Battery storage will help ERCOT manage a doubling of peak demand in Texas in the next five years, said the keynote speaker on Day One of the Energy Storage Summit USA 2025 which kicked off today in Dallas (26 March).
ESN Premium’s two-part interview with the CEO of LG Energy Solution Vertech continues, covering topics such as US customer demand and the Moss Landing fire.
Trump’s dampening effect on US investor sentiment could lead to a flight to quality while tariffs will cause a surge in orders this year, writes Tao Kong, managing partner of developer Luminous Energy.
Subsidiary of Nofar Energy, Nofar USA and subsidiary of Hanwha Qcells, Qcells USA, have signed an agreement to develop and construct 2 battery energy storage system (BESS) projects in Texas totalling 350MW/700MWh.
There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.
Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.