Existing battery projects in California and Texas see upside, while hybrid storage bets in the Midcontinent Independent System Operator (MISO) territory and the Southeast face shrinking margins under the revised tax credit rules.
The data company says investments of $1.2 trillion in battery energy storage systems (BESS) will be required to support the installation of over 5.9 TW of new wind and solar capacity globally through 2034.
The electric vehicle company reported flat energy storage growth quarter over quarter but nearly 50% growth year to date compared with 2024. Tesla has deployed 37.9 GWh over the past four quarters and is approaching 100 GWh total deployed.
The second-life project represents the second largest deployment in North America, and the largest battery-powered microgrid.
Not everyone sees ERCOT’s battery glut as a crisis. Some, including a storage-only independent power producer, see it as storage is finally doing what it promised.
The Buckeye, Ariz. project is expected to generate enough electricity to power about 40,000 homes per year.
The rapid expansion is partially due to falling manufacturing costs, a trend that is expected to continue over the next five to seven years, said Rystad Energy.
The Darden Clean Energy Project, paired with 1.1 GW of solar, will provide enough electricity to power 850,000 homes for four hours.
AES Corp is working on the 1 GW solar plus 1 GW/4 GWh battery site under a 15-year deal for the online retailer and said it expects to complete construction of the second half of the project next year.
The United States also installed a record 1.6 GW of grid-scale energy storage in the first quarter of 2025, according to a report from the American Clean Power Association.
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