Key Capture Energy completes ITC tax credit transfer for 200 MW BESS in Texas
Two battery energy storage facilities achieved commercial operation in Texas, along with the transfer of investment tax credits.
NY utility approves battery storage project on shuttered nuclear site
Long Island Power Authority gives the nod to developer, enabling it to pursue final local approval for 79 MW and 50 MW facilities.
Key Capture installs third New York storage project near Buffalo
The 45.6 MWh project is interconnected into National Grid’s western New York service territory, a region which has seen a surge of distributed energy system deployment activity in recent years due to grid constraints.
U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
Sunrise brief: Key Capture and Sungrow ink battery supply deal
Also on the rise: PVEL crowdsources inverter performance data, and DOE offers a $2.5 million prize to expand energy justice and inclusiveness goals.
Key Capture Energy inks battery supply deal with Sungrow
The deal is for fully integrated two-hour battery systems for 390 MW of new battery storage projects, all of which are expected to start construction by the end of 2022.
Sunrise brief: Intel signs on to 138 MW Avangrid solar project
Also on the rise: ARPA-E offers $100 million in R&D funding, California hunts for generation resources for this summer, and CIT Group helps arrange financing for a handful of BESS capacity.
Job moves: Helena Kimball promoted to CEO at Cthulhu-backed solar startup; plus Strata, sPower, KCE, Borrego, Sunpro
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
New York to get one of its largest rooftop solar power plants, and largest battery
EnterSolar is building a 2.4 MW solar project on the roof of a building just north of New York City, while Key Capture Energy will build the state’s largest lithium-ion battery – 20 MW – in Saratoga County.
