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.

Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh.

Developer Peregrine Energy Solutions has secured US$168 million for a 150MW battery energy storage system (BESS) currently under construction.

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.

Developer SMT Energy has secured a US$135 million funding for its 160MW/320MWh battery energy storage system (BESS) located in Houston, Texas.

Energy software and consulting group Ascend Analytics CEO Gary Dorris discusses changes to ancillary services in the Electric Reliability Council of Texas (ERCOT) market and what asset optimisers need to do to stay ahead of the curve.

Renewable energy developer and operator Apex Clean Energy has announced commercial operations for the 100MW/200MWh Great Kiskadee Storage battery energy storage system (BESS) located in Hidalgo County, Texas, US.

Energy storage optimisation specialist Habitat Energy has signed an agreement with Octopus Energy US to optimise a 50MW/100MWh tolled battery energy storge system (BESS) in the Electric Reliability Council of Texas (ERCOT) market.