BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.

Falling cryptocurrency prices have led to a crypto mine developer to propose a battery storage facility in the city of Corpus Christi, Texas.

Developer Hexagon is talking to investment bankers with a view to selling a portfolio of battery storage projects in the ERCOT, Texas market, totalling 2GW.

With leading US energy storage markets on a phenomenal growth trajectory, the role of BESS has been highlighted by recent heatwaves.

The North American arm of Italy-based energy firm Enel has secured a PPA with a Boston Properties (BXP) for part of a solar-plus-storage project in the ERCOT, Texas market, which has a 104MW BESS.

CPS Energy, a municipal utility serving San Antonio, Texas, has launched a request for proposals (RFP) for up to 500MW of energy storage projects.

Enel North America has brought five battery energy storage system (BESS) projects online in ERCOT, Texas, totalling 369MW/555MWh of energy storage.

Ikea stores owner Ingka Investments has partnered with developer Apex Clean Energy and system integrator Powin for a battery storage project in Texas, US, set to come online imminently.

Battery storage operators in the ERCOT, Texas market have vociferously opposed the grid operator’s proposed rule changes around state of charge information and availability (NPRR 1186).

Virtual power plant (VPP) projects using home batteries have been launched and extended in Texas, Vermont and California.