East Point Energy, owned by Norwegian state-owned energy company Equinor has completed construction and started operations at the 100MW/200MWh Citrus Flatts energy storage project in Harlingen, Texas, US.
A roundup of user-posted analysis, views and unofficial news from across the industry this past week, this time looking at this week’s sabotage attack on the German grid, BESS revenues and electricity market activity, CATL’s LFP price cut and various non-lithium news.
Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.
Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.
Long-duration energy storage (LDES) development and investment company Frontier Power USA (FPUSA) has exercised its exclusive Selection Right with respect to four BESS projects from clean energy platform Stella Energy Solutions.
In this US news roundup, e-Storage, Spearmint Energy, and OCI Energy advance battery energy storage system (BESS) projects and financing in Michigan and Texas.
The Electric Reliability Council of Texas (ERCOT) has initiated a programme to encourage battery energy storage systems (BESS) and other inverter-based resources to adopt grid-forming technology.
Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.
