Utility and power generation firm Vistra will write down the value of its Moss Landing BESS to the tune of US$400 million in depreciation expense, its entire remaining book value.

Known facts and expert opinion on last week’s fire incident at Moss Landing Energy Storage Facility in California.

Vistra Energy has decided to pursue approval to construct a 600MW/2,400MWh BESS at the site of a retired power plant in the City of Morro Bay via the California Energy Commission (CEC).

A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have has reported on this year.

Vistra Energy’s expansion of the world’s largest battery storage facility is due for completion this summer.

Vistra Energy will have more than 1,213MW of battery storage in operation in its portfolio by 2026, the US power generation company has claimed.

Californian investor-owned utility PG&E has commissioned the 182.5MW/730MWh battery energy storage system supplied by Tesla at its Moss Landing substation.

Project owner Vistra Energy expects the 300MW Phase I of Moss Landing Energy Storage Facility — the world’s biggest lithium battery project to date — to come back online during the first half of this year.

Plans to nearly double the output and capacity of the world’s biggest battery energy storage system (BESS) project to date have been announced by its owner, Vistra Energy. 

Vistra Energy has welcomed the enactment of clean energy policies in Illinois which the power generation company said will support 300MW of solar and 150MW of battery storage to be built at nine of its coal plant sites.