Further developments from the California Independent System Operator (CAISO) market including new standards for BESS maintenance and operation and new BESS capacity announced by SDG&E.
February 2025 saw around 4.5GW/10.5GWh of grid-scale BESS deployments globally, with China continuing to account for the majority but Europe increasing its share from January.
The UK government has published a Technical Decision Document confirming crucial aspects of its long duration electricity storage (LDES) cap-and-floor scheme, which includes increasing the minimum duration required from six hours to eight.
A news roundup focusing on system integrator Powin’s recent moves in the industry, resource updates in New Mexico and a newly announced energy management system from Prevalon.
Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.
Carlyle Portfolio Company-owned developer Copia Power has closed a US$1.71 billion debt facility to fund construction of its Maricopa Energy Centre Projects.