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Of the five top-ranked companies by operational BESS, only two (NextEra and Terra-Gen) added any new megawatts during Q3. Image: Energy-Storage.news using S&P data.

S&P: US nearing 15GW of battery storage, ERCOT rebounds from quiet second quarter

November 16, 2023
The US’ cumulative battery storage installations reached 14.689GW at the end of Q3 2023, with Texas’ ERCOT market contributing 40% of new additions during the quarter.
transferability tax credit investment ITC BESS PRoject Aypa

Blackstone’s Aypa secures US$550 million debt and tax equity for 700MWh California and Texas projects

November 9, 2023
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.
October 2023 inauguration event for the solar PV system at Clearway's Dagget project in San Bernadino, California.. Image: Clearway.

Clearway inaugurates 482MW solar-plus-storage project in California

October 23, 2023
US independent power producer Clearway Energy has started commercial operations at its Daggett solar-plus-storage facility, which includes 482MW of solar capacity and 280MW of battery storage.
pg&e

California introduces fire safety rules around booming battery storage sector

October 17, 2023
Legislation that requires battery storage facilities to put in place safety and communication protocols has been signed into law.
Figure-1-Temperatures-USAMexico-2

Optimisation of energy storage assets in the US’ leading markets

September 26, 2023
With leading US energy storage markets on a phenomenal growth trajectory, the role of BESS has been highlighted by recent heatwaves.
gore street

Gore Street, LS Energy Solutions in tie-up for 200MW/400MWh CAISO battery project

September 7, 2023
Gore Street Energy Storage Fund and LS Energy Solutions are partnering on a 200MW/400MWh battery storage project in California.
One of Broad Reach Power's earlier Texas projects, pictured during construction in 2020. Image: Broad Reach Power.

ENGIE acquires Broad Reach Power BESS business for ‘over US$1 billion equity value’

August 24, 2023
French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.
A FlexGen battery project in Texas. Image: FlexGen.
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Gridmatic launches US$50 million fund to manage BESS projects in ERCOT and CAISO

August 10, 2023
US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.
Residential solar and storage provider Sunrun dispatched energy stored in 80MW of California systems during a September 2022 'Flex Alert'. Image: Sunrun.
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California Energy Commission approves virtual power plant participation in demand response

August 1, 2023
The California Energy Commission (CEC) has approved the participation of aggregated home batteries in demand response programme.
A Broad Reach Power project in Texas, pictured during construction in 2020. Image: Broad Reach Power.

Broad Reach Power secures financing for 880MW of ERCOT and CAISO projects

July 31, 2023
US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning.

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