Virtual power plants (VPPs) are networks of small-scale, distributed energy resources, such as solar panels or batteries (and in some instances vehicles) which can together function as a single power plant, providing stability to the electric grid.
Lithium-metal battery developer SES AI Corporation has signed a non-binding memorandum of understanding (MOU) with retail energy provider AISPEX to provide up to 100MWh of battery energy storage systems (BESS) at a crypto mining site in Texas, US.
System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.
Developer and operator esVolta has completed a preferred equity transaction with investor Captona for three BESS in Texas, US, while GridStor has bought a 400MWh project in Arizona.
UK-headquartered battery storage investor-developer Gore Street Energy Fund (GSF) has completed energisation of the 200MW/400MWh Big Rock battery energy storage system (BESS) project in California, US.
Ali Karimian and Alden Phinney of AI-powered energy services provider GridBeyond discuss winning strategies for playing battery storage into wholesale and ancillary markets in ERCOT and CAISO.
Developer PureSky Energy has extended its Non-Binding Offer (NBO) deadline for a 794MW/1,588MWh portfolio of battery energy storage system (BESS) projects in Texas, US, to Friday, 24 January.
Eni Plenitude, the utility arm of the large oil and gas major Eni, has completed construction of the 200MW/400MWh Guajillo battery energy storage system (BESS) project in Texas, US.
