Battery storage developer and operator Spearmint Energy has closed a US$92 million tax equity investment into a battery storage project in the ERCOT, Texas market.

Developer Solvent Energy is talking to investment bankers with a view to selling some of a 2GW portfolio of battery energy storage system (BESS) projects in ERCOT, Texas.

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.