The Minnesota Public Utilities Commission (PUC) has approved a site permit for Spearmint Energy’s 150MW/600MWh battery energy storage system (BESS) in Kalmar Township.
Miami, Florida-based developer Spearmint Energy has been given the go-ahead to develop a 300MW/600MWh lithium-ion BESS destined for Texas City in the Lone Star State.
Battery storage developer and operator Spearmint Energy has secured US$250 million for two battery energy storage system (BESS) projects located in Texas, US, totalling 400MWh.
Three US-based independent power producers (IPPs) are currently seeking permission from the Minnesota PUC to construct new renewable energy facilities incorporating battery storage.
Battery storage developer and operator Spearmint Energy has closed a US$92 million tax equity investment into a battery storage project in the ERCOT, Texas market.
Developers Spearmint Energy, On.Energy, Nexus Renewables and Granite Source Power have collectively secured US$300 million for US battery storage projects, the bulk by Spearmint.
Financial performance will ultimately determine the success of AI-based battery storage optimisation platforms, Gridmatic told Energy-Storage.news in response to recent comments from one developer.
US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.
