Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.
System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.
Developer and operator esVolta has completed a preferred equity transaction with investor Captona for three BESS in Texas, US, while GridStor has bought a 400MWh project in Arizona.
Barrett Bilotta, president and CEO at Agilitas Energy, contributes to our Year in Review series, touching on industry growth in 2025, evolving wholesale market rules and an anticipated shift away from lithium-ion battery technology.
UK-headquartered battery storage investor-developer Gore Street Energy Fund (GSF) has completed energisation of the 200MW/400MWh Big Rock battery energy storage system (BESS) project in California, US.
Developer PureSky Energy has extended its Non-Binding Offer (NBO) deadline for a 794MW/1,588MWh portfolio of battery energy storage system (BESS) projects in Texas, US, to Friday, 24 January.
Eni Plenitude, the utility arm of the large oil and gas major Eni, has completed construction of the 200MW/400MWh Guajillo battery energy storage system (BESS) project in Texas, US.
US battery storage developer Key Capture Energy (KCE) has begun commercial operations for two 100MW battery energy storage system (BESS) projects in Texas.
