UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.
EDP Renewables North America has announced a land purchase agreement for the 75MWac, 300MWh Edgeware energy storage project in St. Thomas, Ontario, CA.
Meanwhile, SolarBank has announced its first BESS in the province, with construction expected to commence 10 February.
The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rule for the Clean Electricity Investment and Production Tax Credits – also known as the technology-neutral credits.
US battery storage developer Key Capture Energy (KCE) has begun commercial operations for two 100MW battery energy storage system (BESS) projects in Texas.
IPP Ormat Technologies has commenced commercial operations for its 20MW/20MWh battery energy storage system (BESS) project, the Montague energy storage facility.
Developer Upstream Energy has negotiated a resource adequacy (RA) agreement with California community choice aggregator (CCA) Clean Power Alliance (CPA) associated with the developer’s standalone Olinda BESS project located in Los Angeles County, California.
Public Service Company of New Mexico (PNM) is seeking regulatory approval of two Energy Storage Agreements and a Certificate of Convenience and Necessity covering 350MW of energy storage capacity across three projects.
IPP Ormat Technologies has put an 80MW/320MWh BESS in California into commercial operation, and will now leverage the investment tax credit (ITC) for which it is eligible.
