Plus Power raises $1.8 billion to advance construction of five energy storage facilities
The transactions will support construction of BESS facilities in the Salt River Project in Arizona as well as in the ERCOT market in Texas.
New opportunities for 4-hour-plus energy storage
Energy storage with more than four hours of duration could assume a key role in integrating renewable energy into the U.S. power grid on the back of a potential shift to net winter demand peaks, says the National Renewable Energy Laboratory (NREL).
Sunrise brief: 3Sun to offer Oklahoma-built modules by 2025, perovskites possible by 2027
Also on the rise: Solar cell prices are expected to hit fresh record lows following China’s Golden Week. Aqua Metals, 6K plan first circular supply chain for lithium batteries in the U.S. And more.
California ends summer with 5 GW energy storage record
As fall arrives in the northern hemisphere, California sets a record for most utility-scale battery capacity instantaneous usage, with a long stretch exceeding 2 GWh of output.
EDF Renewables signs 20-year PPA for solar and storage project with El Paso Electric
The Milagro Solar+Storage project is projected to create about 200 jobs during the peak of its construction phase and will generate an estimated $7.9 million in tax revenue during the facility’s operating lifetime.
U.S. energy storage sets Q2 high water mark with 1.7 GW / 5.6 GWh
Wood Mackenzie said the U.S. market will install 66 GW of storage between 2023 and 2027, 83% of which will be at the grid scale.
California children’s hospital to build resilient clean energy microgrid
The project team is led by the State of California through the California Energy Commission, and joined by Faraday Microgrids, and Redflow with zinc bromine flow batteries.
U.S. energy storage deployments to exceed 10 GW this year
A report from Interact Analysis demonstrates the growth of energy storage as it scales to meet a growing renewable energy supply.
Sunrise brief: Ushering in new era of U.S. clean energy at RE+ 2023
Also on the rise: Lithium-ion battery fire in California energy storage facility. Spotted on the show floor at RE+ 2023. And more.
Lithium-ion battery fire in California energy storage facility
Homes and businesses within a quarter mile of the Valley Center Energy Storage Facility were evacuated and a shelter-in-place order was in effect for anyone a half mile from the site. Owner, Terra-Gen, issued a statement saying that the facility’s design systems are keeping the incident contained.
