AIP Management has agreed to acquire an equity stake from Clearway Energy Group, in Pine Forest, a 300MWac solar PV and 200MW/400MWh battery energy storage system (BESS) project in Texas, US.
Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.
Energy storage developer and system integrator Energy Vault has closed on US$28 million in project financing for the Calistoga Resiliency Centre (CRC) located in California, US.
IPP Enlight Renewable Energy has received a US$773 million debt financing for its solar-plus-storage Country Acres project located near Sacramento, California, US.
Independent power producer (IPP) Innergex Renewable Energy’s 30MW/120MWh Hale Kuawehi battery energy storage system (BESS) project has reached commercial operations.
Battery storage will help ERCOT manage a doubling of peak demand in Texas in the next five years, said the keynote speaker on Day One of the Energy Storage Summit USA 2025 which kicked off today in Dallas (26 March).
Three virtual power plant (VPP) programmes have been announced in California and Colorado. Two of them will use Tesla’s Powerwall battery. Another is attempting to change customer habits to save energy and money.
ESN Premium’s two-part interview with the CEO of LG Energy Solution Vertech continues, covering topics such as US customer demand and the Moss Landing fire.
Trump’s dampening effect on US investor sentiment could lead to a flight to quality while tariffs will cause a surge in orders this year, writes Tao Kong, managing partner of developer Luminous Energy.
