Subscribe To Premium
Premium Subscription

ercot

merchant battery

US reached 12.7GW of BESS in Q2 but no ERCOT additions, says S&P

August 29, 2023
Total installed battery storage capacity in the US reached 12.689GW by the end of the second quarter, S&P said.
VPP virtual power plant

Home battery VPP projects in Texas, Vermont and California

August 29, 2023
Virtual power plant (VPP) projects using home batteries have been launched and extended in Texas, Vermont and 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.
optimisation
Premium

The challenges for BESS optimisation firms

August 22, 2023
While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.
A FlexGen battery project in Texas. Image: FlexGen.
Premium

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.
KCE TX7, one of the company's earlier projects in ERCOT, Texas. Image: Key Capture Energy.

Key Capture Energy announces CEO succession as developer brings online 100MW Texas projects

August 10, 2023
Key Capture Energy co-founder Jeff Bishop is set to stand down from his role as CEO once a successor has been selected.
SUSI SMT Mercedes ERCOT project tax equity financing

SMT Energy and SUSI secure tax equity investment for 100MW ERCOT projects

August 9, 2023
Developers SMT Energy and SUSI Partners have secured a tax equity financing agreement for 100MW of ERCOT, Texas battery storage projects with ‘specialised tax equity’ investor Greenprint Capital.
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.
sungrow

Spearmint Energy begins commissioning of 150MW/300MWh Texas BESS project

July 26, 2023
Spearmint Energy is nearing the completion of its first project, a 150MW/300MWh battery storage system in Texas using Sungrow BESS equipment.
caes compressed air energy storage corre eneco netherlands long duration ldes energy storage caes

Ireland’s Corre Energy buys 280MW Texas compressed air energy storage project

July 26, 2023
Ireland-headquartered long-duration energy storage (LDES) company Corre Energy has acquired its first in-development project in the US.

Email Newsletter

Most Popular

Return, Alfen and Vattenfall partner on HV transmission-connected 200MWh Dutch BESS

American Clean Power report recommends energy storage-friendly market reforms to US grid operators

Sungrow and BYD progress huge BESS projects in Saudi Arabia and Chile

Fire safety: UL Solutions tests thermal runaway to new UL9540A standard, Prevalon and CLOU conduct TS-800 Large-Scale Fire Testing

Local opposition, not the new administration, is holding back US energy storage

Viridi Parente acquires mobile BESS production facility from bankrupt rival Moxion in California

Upcoming Events

Large Scale Solar USA 2025

April 29
 - April 30
, 2025
Dallas, Texas

Building the Right Data Strategy for BESS: Unlocking System-Level KPIs for Optimal Performance

April 30
 - April 30
, 2025
2pm BST / 3pm CEST

Electrical Energy Storage 2025

May 7
 - May 9
, 2025
Munich, Germany

Intersolar Europe 2025

May 7
 - May 9
, 2025
Munich, Germany

Renewables Procurement & Revenue Summit 2025

May 21
 - May 22
, 2025
London, UK

The Battery Show Europe 2025

June 3
 - June 5
, 2025
Messe Stuttgart Stuttgart, Germany
Energy-Storage.News is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.