Octopus Energy will acquire a solar and storage project in California that is expected to be operational by July as part of its investment. The UK-based company, active across major markets in Europe, Australia, China and the United States, says California’s clean technology sector will “bring innovation, growth and returns to the UK.”
NextVolt has offloaded a 1 GWh battery energy storage system (BESS) to Exus Renewables which will take on ownership long-term. Menawhile, the developers of a 1.2 GWh BESS in Arizona have partnered with Fluence for its GridStack Pro system.
Texas and California lead the latest energy storage surge with SolarMax and Spearmint advancing major projects, a Texas developer securing 10 GWh for data centers, and Ormat and Terra-gen commissioning 655 MWh of new capacity.
Construction is underway on two projects with a cumulative capacity of 400 MWh in Puerto Rico. Meanwhile, Hawaiian Electric has broken ground on a 160 MWh project – the island’s first of its kind.
GridStor, Sunrun, and NRG Energy are hoping their efforts in the Texas battery energy storage (BESS) market will provide flexibility for the strained Texas ERCOT grid by catering to energy demand.
CPS Energy, which acts as sole provider of electricity in San Antonio, Texas, plans to have 1,000 MW of operational or contracted storage capacity following the completion of its latest request for proposal for an additional 500 MW of additional storage capacity.
Blue Current, which has a pilot production line in California, will use funding from an $80 million financing round led by Amazon to advance commercialization of its silicon solid-state battery technology for stationary storage and mobility applications in the United States.
The residential battery program, which deploys Base Power’s 11.4 kW/25 kWh battery systems, is designed to provide affordable, whole-home backup for members of Farmers Electric Cooperative while also delivering grid-balancing services to the wider region.
Overview Energy has proven its solar power beaming satellite system works in motion, which it claims is a world first for high-power wireless energy transmission. The company is targeting megawatt transmission from space in 2030.
The latest edition of the International Energy Agency’s (IEA) World Energy Employment report found employment in the PV sector surpassed 5 million in 2024, with distributed solar accounting for two-thirds of all solar employment globally, despite representing only 43% of installed capacity.