Solar PV solutions provider Nextpower has entered into a definitive agreement to acquire BESS system integrator Prevalon Energy for up to US$365 million.
In this Energy-Storage.news roundup, a collection of battery energy storage system (BESS)-related announcements from NeoVolta, Goshe Energy Storage, Frontier Power USA and Stella Energy Solutions, and Prevalon Energy.
The Electric Reliability Council of Texas (ERCOT) has initiated a programme to encourage battery energy storage systems (BESS) and other inverter-based resources to adopt grid-forming technology.
The US can currently produce enough solar and battery energy storage system (BESS) modules to meet domestic demand, according to clean energy trade body American Clean Power (ACP).
The US installed 9.7GWh of new battery energy storage system (BESS) capacity, according to the US trade association group, the Solar Energy Industries Association (SEIA).
Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.
Long-duration energy storage (LDES) development and investment company Frontier Power USA (FPUSA) has acquired a 480MWh battery energy storage system (BESS) portfolio from developer-operator Bimergen Energy.
In this US news roundup, OCI Energy, MN8 Energy, GridStor, and Grenergy advance battery energy storage system (BESS) projects in Texas, California, Colorado, and Georgia.