The Illinois Power Agency (IPA) is seeking stakeholder feedback on its summer procurement of 600MW of energy storage projects in the US state, after falling short by 438MW.
Market research firm Wood Mackenzie stated that data centre buildout is uplifting the US battery energy storage system (BESS) outlook across all segments.
In this news roundup, Eos and WATTMORE; Gotion and Gamma Technologies; Middle River Power and PowerTransitions; and Electra AI and MinTech are advancing battery energy storage system (BESS) technology in the US.
Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.
China-headquartered energy storage firm Gotion and US power electronics manufacturer Richardson Electronics have partnered to manufacture BESS. It comes at a time when Chinese companies are starting to sell down stakes in US assets amid new FEOC rules.
Developer Apex Clean Energy has announced financing of three utility-scale renewable energy projects across Texas, Ohio, and Illinois, including the Raven Storage project in Wharton County, Texas.
The Governor of Illinois, JB Pritzker, has signed a clean energy bill into law that will boost solar PV and energy storage investments in the state, among others.
The Illinois General Assembly’s passing of a major energy bill, including a 3GW energy storage target, has been welcomed by environmental advocacy groups and trade associations.
Greater deployment of renewable energy and battery storage in Illinois would help mitigate soaring costs of capacity market auctions in PJM Interconnection territory.
