Battery storage will help ERCOT manage a doubling of peak demand in Texas in the next five years, said the keynote speaker on Day One of the Energy Storage Summit USA 2025 which kicked off today in Dallas (26 March).
Peregrine Energy Solutions’ 145MW BESS project in Texas is under threat after county commissioners passed a resolution opposing the development of any new battery storage facilities.
Subsidiary of Nofar Energy, Nofar USA and subsidiary of Hanwha Qcells, Qcells USA, have signed an agreement to develop and construct 2 battery energy storage system (BESS) projects in Texas totalling 350MW/700MWh.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.
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.
Solar PV and battery energy storage system (BESS) firm Canadian Solar has secured battery supply agreements and long-term service agreements through its subsidiary e-Storage for two US BESS projects developed by Aypa Power, in the ERCOT and California markets.
