The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

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January 26, 2024
The Public Utility Commission of Texas has ordered the state’s grid operator ERCOT to rescind state-of-charge (SOC) rules requiring batteries to hold additional capacity to provide ancillary services.
January 10, 2024
Developers in the US plan to install 15GW of new utility-scale battery storage, adding to about 16GW of storage installed so far, according to government statistics.
January 8, 2024
China-headquartered energy storage system integrator and manufacturer CL Energy Storage Corporation (CLOU) has won an order in the US for “approximately” 480MWh of battery storage equipment.  
January 5, 2024
US battery storage developer Key Capture Energy has sold investment tax credits (ITCs) for battery energy storage system (BESS) projects in New York and Texas, using new transferability rules.
January 4, 2024
Battery storage developer and operator Spearmint Energy has brought its first major project online in the ERCOT, Texas market.
January 3, 2024
Jeff Bishop, co-founder and CEO of US developer Key Capture Energy joins our series looking back at 2023 and looking ahead to 2024.
December 21, 2023
Developer-operators Jupiter Power and On.Energy have secured a combined c.US$100 million in project financing for standalone battery energy storage system (BESS) projects in the ERCOT, Texas market.
December 19, 2023
Utility and IPP Engie has commissioned a 100MW/100MWh battery energy storage system (BESS) while Gore Street has enlisted Nidec as EPC partner for a 75MW project, both in the ERCOT, Texas market.
December 7, 2023
Investors SUSI Partners and SMT Energy have added 10 BESS projects in the ERCOT, Texas market, building on an already-operational 100MW portfolio in the state.
November 9, 2023
Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.

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