Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.
The amount of large-scale battery energy storage systems completed in the US as of Q3 2023 already exceeds the whole of 2022, American Clean Power said.
Amendments to rules for battery storage state-of-charge (SOC) in the ERCOT, Texas, market are ‘an improvement’ to the current ones but will still impact the ability of batteries to provide ancillary services, Gridmatic has said.
US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.
The battery energy storage system (BESS) arm of PV module manufacturer Canadian Solar has won a 800MWh order for a project in Arizona from Tucson Electric Power (TEP).