The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

new york state

April 24, 2024
The New York City Industrial Development Agency (NYCIDA) has approved five BESS projects while governor Kathy Hochul has announced groundbreaking on a sixth, all in all totalling around 42.5MW of capacity.
March 19, 2024
Battery storage developers and operators discussed the challenges and opportunities in the US market, on the first day of Solar Media’s Energy Storage Summit (ESS) USA 2024.
January 9, 2024
Utility New York Power Authority (NYPA) is seeking to collaborate with renewable energy and energy storage developers and operators, as part of the state’s push to deploy more clean energy resources.
August 18, 2023
Iron-air battery firm Form Energy has received a US$12 million grant from the state of New York for a 1GWh long-duration energy storage project, whilst Ecolectro Inc, PolyJoule Inc and Urban Electric Power received smaller amounts.
June 8, 2023
Developer Key Capture Energy has inaugurated a 20MW/45.6MWh battery energy storage system (BESS), its largest one in New York to-date.
February 28, 2023
The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.
June 13, 2022
New York has awarded 22 solar PV projects totalling 2.4GW of power, including six co-located sites with a combined 159MW of battery energy storage systems (BESS).
June 9, 2022
Community solar owner-operator Summit Ridge has secured US$15 million in project financing for two battery energy storage system projects in New York City, US.
April 5, 2022
New York state is on course to meet its new 2030 target of 6GW of storage deployment, with storage projects in its interconnection queue growing 50% to 12GW.
March 30, 2022
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.

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