The co-founder of new US developer Granite Source Power (GSP) discussed its for-sale 2GW ERCOT BESS pipeline including a large, 500MW project near Houston, and why it entered the market.

Leyline Renewable Capital has provided loans to developers RAI Energy and Grid Connected Infrastructure (GCI) for solar and storage projects.

BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.

Greenbacker Capital Management has acquired a 30MW/120MWh battery energy storage system (BESS) in California.

Two 5MW/10MWh battery storage units have entered commercial operation in Vermont, US, owned by Strata Clean Energy, deployed by LS Energy Solutions, and financed using the new investment tax credit (ITC).

The US Internal Revenue Service (IRS) has revealed how smaller and tax-exempt organisations can take advantage of clean energy investment tax credits (ITC), with guidance on direct pay and transferability.

American Battery Solutions has partnered with lithium-ion battery manufacturer Eve Energy to procure 5GWh of LFP lithium-ion cells a year for its TeraStor platform.

RWE has brought its biggest utility-scale BESS project in the US closer to the start of commercial operations.

After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.

Developers Spearmint Energy, On.Energy, Nexus Renewables and Granite Source Power have collectively secured US$300 million for US battery storage projects, the bulk by Spearmint.