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.

Jeff Bishop, co-founder and CEO of US developer Key Capture Energy joins our series looking back at 2023 and looking ahead to 2024.

A trio of projects in the Northeast US highlight the use of battery storage to aid electricity suppliers in maintaining stable networks.

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.