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.
Summit Ridge Energy has commissioned two battery energy storage system (BESS) projects in New York City which will help reduce the grid’s reliance on diesel-fueled generation.
Con Edison has inaugurated the largest battery storage project to date within New York City, making a tiny dent in delivering the US utility’s state-determined commitment to energy storage.
Investing in numerous smaller grid-scale energy storage projects minimises downside risk and can mean getting projects in the ground two years’ quicker, developer Agilitas Energy told Energy-Storage.news.
Convergent Energy and Power has brought online a battery storage project for New York utility O&R which will reduce the need for more expensive network upgrades.