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OCI and LG MOU signing ceremony

OCI Energy signs MOU for Texas BESS, Ormat signs US$62 million tax equity

May 29, 2025
News from Texas and California as OCI Energy signs a memorandum of understanding with LG Energy Solutions, Ormat Technologies signs a US$62 million hybrid tax equity for Texas and California BESS projects.
Senator John Curtis (R), speaks at a press conference at the Utah factory. To his right is Fluence's Americas president, John Zahurancik. Image: Fluence via YouTube.

Republican Senator praises energy tax credits during visit to Fluence factory in Utah

May 29, 2025
Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.
Peninsula Clean Energy CEO Shawn Marshall cuts the ribbon to inaugurate a solar PV carport project in Los Banos, California, with the city's mayor Michael Amabile earlier this year. Image: Peninsula Clean Energy
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California CCA’s contract for KKR-owned BESS includes protections for tariff, tax credit risk

May 28, 2025
Even during times of turmoil for the US renewable energy industry, IPPs are continuing to secure long-term offtake agreements in California.

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Lightshift Energy to build Vermont’s largest BESS

Clean Energy Associates report shows 72% of BESS manufacturing defects happened at system level

No upper limit on what can be procured: AEMO Services on the latest New South Wales LDES tender

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Energy storage IPPs reveal impacts of tariffs and tax credit uncertainty: Stockpiles, strategy shifts and price increases

Massachusetts moves toward goal of procuring 5,000MW of BESS by 2030

Construction approval for 1.6GWh flow battery in Switzerland: ‘about time we brought this scale to Europe’

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