Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.
Californian investor-owned utility PG&E has commissioned the 182.5MW/730MWh battery energy storage system supplied by Tesla at its Moss Landing substation.
Battery energy storage is load shifting up to 6GWh a day on the California ISO (CAISO) grid, storage sector manager Gabe Murtaugh told Energy-storage.news, as the operator considers a market design change linked to batteries’ state of charge (SoC).
The high rates of return in the UK energy storage market seen in the last 6-12 months are unlikely to continue going forward as capex costs increase and ancillary markets saturate.
JSW Energy, part of Indian conglomerate JSW Group, has inked a memorandum of understanding with the Chhattisgarh government to build a 1GW pumped hydro storage project.
Microinverter supplier Enphase Energy has been selected by Vermont, US, utility Green Mountain Power to supply its home battery system for a virtual power plant (VPP) programme.
EDF Renewables subsidiary Powerflex has partnered with Ontario utility Hydro One to develop distributed energy resource solutions in the Canadian province.
Renewables investment and development group Nala Renewables is developing four new battery energy storage system (BESS) projects in New York state totalling 280MW by mid-2024.
