The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC. 

Jointly owned by Masdar and Igneo Infrastructure Partners, independent power producer (IPP) Terra-Gen’s Lockhart CL I and II battery energy storage system (BESS) projects have reached commercial operations in San Bernardino County, California, US.

H.I.G. Capital-backed energy platform, Greenflash Infrastructure, has Safe Harboured more than 10GWh of lithium-ion (Li-ion) energy storage capacity.

A roundup of updates on BESS projects from SolarMax, Energy Vault, Engie, and Spearmint in the Electric Reliability Council of Texas (ERCOT) market.

US branch of PCR S.A. has cleared important hurdle in development of a hybrid solar and BESS project in Sandoval County, New Mexico.

A total 3.8GW/9.9GWh of energy storage was deployed in the US in the third quarter of 2024, according to Wood Mackenzie’s US Energy Storage Monitor.

Georgia Power has secured a battery and equipment supply agreement (BESA) with Tesla for a 500MW/2,000MWh BESS portfolio made up of four projects of varying sizes under development by the investor-owned utility (IOU).

The energy storage system integration arm of Canadian utility Hydro-Québec, EVLO, will deploy 300MWh of battery energy storage systems (BESS) in Virginia, US.

System integrator Stem Inc has received a warning from regulators over its NYSE listing, while zinc battery technology firm Eos Energy Enterprises completed the first milestones related to private equity firm Cerberus’ investment.

Update 28 August 2024: Redwood Coast Energy Authority (RCEA) voted to continue being part of the ESSA, as did CC Power.