Battery energy storage system (BESS) developer Jupiter Power has closed a US$174.6 million portfolio debt financing for its six projects totalling 650MWh of storage in the ERCOT market in Texas.
Bill Gates-founded Breakthrough Energy, The European Associate for Storage of Energy (EASE), Solar Power Europe and Wind Europe have together called on the European Commission to recognise energy storage’s crucial role for the security of energy supply in Europe.
Battery energy storage is load shifting up to 6GWh a day on the California ISO (CAISO) grid, storage sector manager Gabe Murtaugh told Energy-storage.news, as the operator considers a market design change linked to batteries’ state of charge (SoC).
Global system integrator Fluence has acquired AI-enabled, renewable energy software-as-a-service provider Nispera, tripling its digital portfolio of assets contracted or managed since February to 15GW.
Technologies from US V2G solutions company Nuvve and NGK’s sodium sulfur batteries will provide ancillary services and other grid stability applications in Japan.