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.

ESN Premium examines likely reasons why owner SK Innovation E&S is seeking financing options for Key Capture Energy (KCE), including a potential sale.

According to a representative from sodium-ion (Na-ion) battery energy storage system (BESS) startup Peak Energy, the company will pilot a 3.1MWh system at Energy firm RWE’s Eastern Wisconsin, US lab.

The Township Board of Oshtemo in Michigan has voted in favour of enacting a one-year moratorium on the approval of any new BESS facilities. 

Officials at the Zoning Board of Appeals for Hamilton County, Indiana, have rejected an application for a lithium iron phosphate BESS from developer Aypa Power.

Energy storage developer and system integrator Energy Vault has received approval to pursue market-based participation in the California Independent System Operator (CAISO) with the Calistoga Resiliency Centre (CRC).

A report by American Clean Power Association (ACP) and Aurora Energy Research states that the MISO service area will need a 500% rise in battery storage by 2035.

Clean energy trade body American Clean Power Association (ACP) has released a report on energy storage market reforms for regional grid operators based on findings from the Brattle Group.

Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) are proposing to build two 645MW natural gas stations and a 400MW battery energy storage system (BESS).

Developer ESA Solar has announced successful permitting of the Salzburg Battery Storage Project, a 150MW/600MWh standalone battery energy storage system (BESS) in Midland Township, Michigan, US.