Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.
US battery energy storage system (BESS) integrator Jupiter Power has turned its second 200MWh BESS online in Texas, bringing its total capacity in the state’s market to 450MWh.
Canadian Solar subsidiary Recurrent Energy has acquired two standalone energy storage projects in development totalling 400MWh in the ERCOT, Texas market.
US development bank NADBank is providing a US$65.7 million loan for a co-located solar project with an 80MWh battery energy storage system (BESS) in Texas.
Alongside its many benefits, growing deployments of energy storage will pose complex challenges around availability of data and resource planning for grid and distribution network operators.
With a handful of leading regions deploying grid-scale storage at a faster rate than ever, what sort of impact are these additions having so far on the problems they are intended to solve?