EDF Renewables North America has signed a PPA with California utility Southern California Public Power Authority (SCPPA) for part of the offtake of a solar-plus-storage project in neighbouring Nevada with a 780MWh BESS.
We catch up with the president of Canada-headquartered Hydrostor, Jon Norman, about the firm’s advanced compressed air energy storage (A-CAES) tech, current projects, future plans and being a developer versus system integrator.
Energy storage investment tax credits (ITC) were priced more highly than any other clean energy type in transferability transactions last year, according to a report from tax credit ecosystem Crux which its CEO discussed with Energy-Storage.news.
A roundup of US battery storage project financing news from this week, with deals struck by SMT Energy and UBS, Plus Power, as well as CleanCapital and Available Power, covering over 1GW of projects.
Multinational utility and IPP RWE has completed three co-located battery energy storage system (BESS) projects in the US, totalling 190MW/360MWh, with another 2GWh-plus under construction.
The owner of a battery energy storage system (BESS) project in Illinois, US, is seeking at least US$10 million in damages from LG Energy Solution for supplying allegedly defective batteries, a court document shows.
Blackstone and Foss & Company have completed transferability investment tax credit (ITC) deals for BESS projects in California and Texas, a market which has grown “faster than anyone expected” according to tax credit ecosystem Crux.
