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Supply chain, interconnection queues result in slow Q1 for US energy storage industry

June 15, 2023
After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.
Artistic rendering to promote Form Energy's battery tech. The company has also received DOE demonstration project funding elsewhere. Image: Form Energy.
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Form Energy signs ‘definitive agreement’ for 100-hour iron-air BESS with Georgia Power

June 13, 2023
‘Multi-day storage’ tech company Form Energy and US utility Georgia Power have sealed a “definitive agreement” for a grid-scale project.
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Avantus sells California solar-plus-storage project with 500MW/2,000MWh BESS to AES

June 8, 2023
AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.
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US energy storage investor Eolian continues to raise funds with US$515 million Green Loan

June 7, 2023
Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.
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Goldman Sachs-backed standalone energy storage startup Gridstor building first project in California

June 6, 2023
US energy storage developer Gridstor has announced the start of construction of its first project, a 60MW/160MWh BESS in California.
Jennifer Granholm, US Energy Secretary (second from left) with West Virginia Senator Joe Manchin at the groundbreaking of Form Energy's factory. CEO Matteo Jaramillo is in the far left of the picture looking on. Image: Form Energy.
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Construction starts at Form Energy’s first factory for 100-hour duration iron-air batteries

May 30, 2023
Groundbreaking has taken place in West Virginia, US, for the factory where startup Form Energy will be mass producing batteries for long-duration energy storage (LDES) applications.
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Texas: ITC-aided 200MW merchant project comes online, CATL in 5GWh supply deal

March 30, 2023
Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.
An Agilitas solar-plus-storage project in Massachusetts. Image: Agilitas Energy.

Developer Agilitas to expand from Northeast US base with US$75 million Texas BESS portfolio acquisition

March 29, 2023
Agilitas Energy, a developer of distributed and smaller utility-scale solar PV and battery storage projects in the US, has entered the Texas ERCOT market.
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US energy storage industry grapples complexity, cost of ITC tax equity transactions

March 28, 2023
The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.
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New York regulators give utilities three-year extension on energy storage projects

March 27, 2023
The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.

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