Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
US-based utility Chugach Electric Association has successfully commissioned a new 40MW/80MWh 2-hour duration battery energy storage system (BESS) in Anchorage, Alaska.
On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.
Oil and gas major TotalEnergies has commissioned and started operations on two solar-plus-storage projects in the ERCOT, Texas market, one with the BESS online and another set to be commissioned next year.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.
Utility Puget Sound Energy has signed contracts for a solar PV project developed by Qcells and a standalone battery storage project from Brightnight and Cordelio Power in Washington, US.
Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.