IPP Eolian has closed a US$463 million financing package to support the continued construction of Padua 2 and Padua 3, two battery energy storage systems (BESS) totalling 350MW/1.7GWh in Bexar County, Texas.

Residential energy storage startup Base Power has raised US$1 billion in Series C financing from venture capital fund Addition.

A total of 49.4GW/136.5GWh of grid-scale BESS came online in the first nine months of the year, up 36% compared to the same period in 2024.

Community-owned public power utility Denton Municipal Electric (DME) has signed a power purchase agreement (PPA) with Jupiter Power covering offtake from one of the developer-operator’s standalone BESS projects destined for Robertson County in Texas. 

H.I.G. Capital-backed energy platform, Greenflash Infrastructure, has closed a hybrid tax capital and debt financing for Project Soho, a 400MW/800MWh standalone battery storage project in Brazoria County, Texas.

Utility CPS Energy and IPP Eolian have begun operating Padua 1, a 50MW/100MWh battery energy storage system (BESS) located in Bexar County, Texas, US.

Nightpeak Energy has announced commercial operations of its 150MW/300MWh Bocanova Power battery energy storage system (BESS) in Brazoria County, Texas, US.

EDF Renewables has brought its 300MWh Milagro project online in New Mexico, while Enlight Renewable Energy has secured US$340 million in tax equity financing for its 940MWh Roadrunner project in Arizona.

Investor-owned utility (IOU) Southwestern Public Service Company (SPS) is seeking approval from the New Mexico Public Regulation Commission (NMPRC) to construct a new eight-project portfolio of self-build energy assets.

According to the Q3 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), annual installations will not reach 2025 levels again until 2029.