Utility Public Service Company of New Mexico’s (PNM) plan to procure energy from 950MW of solar and storage facilities by 2022 and replace its retiring 562MW San Juan Generating Station coal plant has been handed a boost.
Work has started at a battery storage site lauded as the largest of its kind under construction in the UK by developers Harmony Energy and Fotowatio Renewable Ventures.
Tesla’s ability to offer rooftop solar, electric vehicles and home battery storage in one package could place the company in a strong position as an electricity retailer in Texas.
Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market.
Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
Tesla will deliver a battery energy storage system (BESS) to a ‘Battery Power Park’ project in Japan which will participate in various electricity market opportunities and help stabilise the grid on the northern island of Hokkaido.
Users of US solar price comparison site EnergySage are increasingly drawn towards battery storage through concerns around having enough power in emergency situations, with 70% of users now requesting storage with their solar quotes.
Financing has been secured for two projects that will add nearly a gigawatt-hour of battery storage at California solar power facilities this year, by renewable energy company Terra-Gen and private asset management firm Capital Dynamics.
Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in Lancashire, a county in northern England.
