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.

New York’s governor Kathy Hochul has welcomed the start of commercial operations at the US state’s first BESS project in public ownership.

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.

New York governor Kathy Hochul has responded to concerns about energy storage fires with a new Inter-Agency Fire Safety Working Group.

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.

State-sponsored investment fund NY Green Bank, will lend US$25 million to NineDot Energy, a developer of energy storage systems in New York.

Fire incidents have been reported within weeks of each other at two separate lithium-ion battery storage projects in the US state of New York.

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.

Developer Key Capture Energy has inaugurated a 20MW/45.6MWh battery energy storage system (BESS), its largest one in New York to-date.