The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

resource adequacy

April 29, 2024
California now has more than 10GW of battery storage, with Governor Gavin Newsom hailing the state’s “energy storage revolution,” which is underway.
April 17, 2024
Renewable energy developer-operator Arevon has entered into a long-term offtake agreement for a 250MW/1,000MWh battery energy storage system (BESS) in California with community choice aggregator (CCA) MCE.
April 5, 2024
Gas and geothermal plant operator Calpine Corporation will bring 510MW of its 680MW capacity battery energy storage system (BESS) project in California online in summer 2024, with BYD battery units.
February 13, 2024
Blackstone Credit & Insurance, the newest business division of global asset manager Blackstone, has closed financing for a large-scale battery storage project in California, US, with developer Arevon.
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February 6, 2024
Attorney Seth Hilton discusses “a new dynamic for energy storage resources” around resource adequacy in California’s CAISO market.
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January 12, 2024
Gas and geothermal plant developer and operator Calpine Corporation has closed a syndicated financing for what could be one of the largest battery energy storage system (BESS) projects in the US.
September 7, 2023
Gore Street Energy Storage Fund and LS Energy Solutions are partnering on a 200MW/400MWh battery storage project in California.
August 2, 2023
Owner Vistra Energy has announced the completion of work to expand its Moss Landing Energy Storage Facility in California.
July 27, 2023
Independent power producer (IPP) Clearway Energy has closed US$421 million in financing for the 147MW/588MWh four-hour Rosamund Central Battery Energy Storage System (BESS) in Kern County, California.
July 17, 2023
Demand for electricity is growing in Ontario for the first time since 2005, and a new plan from the Canadian province sees a diverse low carbon energy portfolio as the answer.  

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