Renewable energy developer-operator Arevon has completed a US$258 million financing for the 200MW/400MWh Peregrine battery energy storage system (BESS) in San Diego, California, US.
UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.
The US development arm of Spain’s Ignis has submitted an application with the California Energy Commission (CEC) to develop a 350MWh+ battery storage facility in Alameda County under the regulatory body’s Opt-In Certification Programme.
The CEO of ‘All-iron’ flow battery manufacturer ESS Tech Inc (ESS Inc) has resigned, one of a number of steps the company has taken to ‘position it for the future’ after slower-than-expected growth.
The Board of Supervisors (BoS) of Orange County, California, has enacted an emergency moratorium on the approval of any new BESS facilities proposed for unincorporated areas of the county in order to protect the “health, safety and welfare” of its residents.
US president Donald Trump has brought in new tariffs on China, Canada and Mexico, which will hit batteries – the kind of move Samsung SDI said could benefit its Korea-based manufacturing.
The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
Barrett Bilotta, president and CEO at Agilitas Energy, contributes to our Year in Review series, touching on industry growth in 2025, evolving wholesale market rules and an anticipated shift away from lithium-ion battery technology.
