Ørsted has taken a final investment decision (FID) on a 250MW/500MWh BESS that will be co-located with one of the company’s operational solar facilities in Fort Bend County, Texas.
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.
