Governor of New Jersey, US, Phil Murphy, signed legislation into law to reach 2,000MW of energy storage capacity by 2030, and nearly doubling the state’s clean energy capacity.
The New Jersey Board of Public Utilities (NJBPU) has approved a programme to “significantly” expand the amount of grid-scale energy storage capacity in the state.
Distributed energy company Scale Microgrids has closed US$275 million to support 140MW of distributed generation projects, including battery storage installations in several US states.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
Days before Donald Trump’s presidential inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) has announced US$22.92 billion in loans across eight projects.
Scale Microgrids and Dispatch Energy, two US commercial and industrial (C&I) distributed generation and storage providers, have secured new capital for growth through acquisition and capital commitments, respectively.
IPP Ormat Technologies has commenced commercial operations for its 20MW/20MWh battery energy storage system (BESS) project, the Montague energy storage facility.
A bill aimed at creating a pilot programme to incentivise energy storage deployment in New Jersey has advanced through the US state’s legislature after senators voted in its favour.
Regulators in New Jersey have opened up a Request for Information (RFI) on a draft incentive plan to promote energy storage deployment in the northeastern US state.
