California-headquartered developer esVolta has closed an expanded corporate credit facility providing up to US$450 million of capital to expand new utility-scale energy storage projects in the US.
The project represents a US$128.6 million investment and is scheduled to begin construction this year, with commercial operations commencing in December 2026.
Investor-owned utility (IOU) Southwestern Public Service Company (SPS) is seeking approval from the New Mexico Public Regulation Commission (NMPRC) to construct a new eight-project portfolio of self-build energy assets.
A report from the American Clean Power Association (ACP) and Aurora Energy Research indicates that the Southwest Power Pool (SPP) is projected to experience the highest percentage increase in peak load growth over the next decade among all Regional Transmission Organisations (RTOs).
Developer-operator GridStor has acquired a battery energy storage system (BESS) project in Oklahoma, US totalling 200MW/800MWh from Black Mountain Energy Storage (BMES).
New Hampshire-based developer Granite Source Power (GSP) co-founder Jessica Shor disclosed to Energy-Storage.news that approximately 80% of the company’s 1,250MW sale would be in ERCOT.
