Battery storage is playing an active role in helping New York City retire its fleet of peaker power plants, with around 700MW of its most polluting power generation assets already fully retired.
Energy storage developer NineDot Energy has secured financing from investors including Manulife Investment Management to progress its pipeline of New York projects.
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.
Energy-Storage.news learns about New York City’s first-ever vehicle-to-grid (V2G) pilot project, which is entering a second stage after a successful start to its operational life.
US battery storage developer Key Capture Energy has sold investment tax credits (ITCs) for battery energy storage system (BESS) projects in New York and Texas, using new transferability rules.
A 110MW/440MWh battery storage project in New York has been given the green light by regulators, ahead of the launch of tenders which could create a significant market opportunity in the state.
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.
