D. E. Shaw Renewable Investments (DESRI) has signed a preferred equity investment in IPP Linea Energy’s 235MW/470MWh Duffy battery energy storage system (BESS) in Matagorda County, Texas.

According to the US trade association group, the Solar Energy Industries Association (SEIA), US battery energy storage system (BESS) deployments are set to increase to 70GWh in 2026.