California-headquartered developer esVolta has closed an expanded corporate credit facility providing up to US$450 million of capital to expand new utility-scale energy storage projects in the US.
At a recent industry event hosted by market research firm Wood Mackenzie, energy storage experts discussed their approaches to public engagement, especially around addressing fire and other safety concerns.
The Board of Supervisors (BoS) for Arizona’s Pinal County has given the go-ahead to developer and IPP esVolta to construct 3.2GWh BESS within its unincorporated territory, and two utilities are in talks to procure some of its capacity.
Honeywell, LS Electric, esVolta, Sitetracker, PairedPower, PHNXX, and Energy Toolbase are collaborating on new initiatives to advance energy storage installations across the US.
Clean energy owner-operators Apex Clean Energy and esVolta have commissioned and put into commercial operation BESS projects in the ERCOT, Texas market, while second life BESS firm B2U has started building one in the state.
As US Senators vote on the tax reconciliation bill, experts Jessica Dunn of Union of Concerned Scientists (UCS) and Tonja L. Wicks of esVolta discuss its potential impact.
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.
A double-header of tax equity news from the California BESS market, with IPPs Ormat Technologies and esVolta both completing deals for grid-scale projects in the state.