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SMT Energy, SUSI bag tax equity deal for 100MW ERCOT projects
August 9, 2023. Developers SMT Energy and SUSI Partners have secured a tax equity financing agreement for 100MW of battery storage projects in Texas with ''specialised tax equity'' investor Greenprint Capital. The financing (amount undisclosed) covers ten battery energy storage system (BESS) projects in South Texas which are all expected to
US ''distributed front-of-the-meter'' battery storage developers Agilitas, On.Energy raise debt financing from LOIM, Nomura
Developers Agilitas Energy and On.Energy have raised a total US$125 million in debt financing towards solar, energy storage and hybrid solar-plus-storage projects in the US. Both companies develop projects to retain ownership, with Agilitas Energy focused on distributed solar and storage, while On.Energy is a pureplay energy
Energy Storage Training Online and Onsite Live
Learn about the different applications of energy storage in electrical systems such as photovoltaic (PV), Hybrid Electric Vehicle (HEV), controlling voltage and frequency by
Fundamentals of Battery Energy Storage System (BESS)
Fundamentals of Battery Energy Storage System (BESS) is a 3-day training course. A Battery Energy Storage System (BESS) is a technology developed for storing electric charge by using specially developed batteries. Battery storage is a technology that enables power system operators and utilities to store energy for later use.
Oregon''s PGE makes ''largest utility BESS procurement in US outside of California''
Developer-investor (and PGE partner) Eolian''s Maduro and Ignacio 250MW BESS project in Texas. Image: Eolian. Portland General Electric (PGE) has procured 400MW of battery energy storage resources split
In 2020 the US went beyond a gigawatt of advanced energy storage installations for first time ever
The US'' installations of advanced energy storage — almost entirely lithium-ion battery systems — went beyond the 1GW mark in 2020, while in capacity terms the figure was close to 3.5GWh. Research firm Wood Mackenzie Power & Renewables'' quarterly US Energy Storage Monitor report which forecasts, then records and analyses
Spearmint secures tax equity financing for 300MWh ERCOT BESS
Image: Spearmint Energy. Battery storage developer and operator Spearmint Energy has closed a US$92 million tax equity investment into a battery storage project in the ERCOT, Texas market. The investment was provided by Greenprint Capital, an investment firm specialising in renewable energy tax credit transactions.
30-Hour Advanced Energy Storage and Code Training + CEUs
Adding energy storage systems (ESS) is the next step in the renewable energy revolution. ESS not allows for renewable energy to be used at any time, they also allow the grid run
Energy Storage Grand Challenge | Department of Energy
The Department of Energy''s (DOE) Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and
RWE Clean Energy interview on development, EPC, supply chain
June 5, 2024. RWE Clean Energy is the second largest operator of solar and third-largest in renewables overall in the US. Image: RWE Clean Energy. The industry still has a lot of work to do on urban project development and navigating local permitting challenges, a senior executive of US developer-IPP RWE Clean Energy told Energy-Storage.news.
US BESS installations ''surged'' in 2023 with 96% increase in cumulative capacity, ACP says
Meanwhile, the levelised cost of a 4-hour duration battery energy storage facility participating in energy markets in the US was found to be in a range between US$126 – US$177/MWh. In 2015, the levelised cost of such a battery energy storage system (BESS) would have been between US$347 and US$739/MWh, albeit not many
Training Courses
To become a Master in Renewable Energy, choose from 15 accredited renewable energy courses and achieve a minimum of 12 Galileo Master Certificates over an 18 month period. Plus, have the option of studying 3 of your courses in the Live Virtual Classroom. Full Access. Monthly.
Energy Storage | Energy
8c997105-2126-4aab-9350-6cc74b81eae4.jpeg Energy Storage research within the energy initiative is carried out across a number of departments and research groups at the University of Cambridge. There are also
Fully merchant battery storage project in California raises US
Siemens'' international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW. The debt facility from NADBank (North American Development Bank) and Siemens Financial
Energy storage 2023: biggest projects, financings, offtake deals
A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have reported on this year. It''s been a positive year for energy storage in 2023, with new markets opening up and supply chain bottlenecks and price spikes for battery energy storage systems (BESS) easing, though challenges remain.
Diversity of technologies is needed in US energy storage industry
Energy Storage Summit USA 2025. 18 March 2025. Austin, Texas. The Energy Storage Summit USA is the only place where you are guaranteed to meet all the most important investors, developers, IPPs, RTOs and ISOs, policymakers, utilities, energy buyers, service providers, consultancies and technology providers in one room, to ensure
Utility Scale Commercial & Industrial Solar and Storage 101
This course will provide a detailed analysis of commercial and industrial utility grade energy storage systems. Beginning with an overview of the current available technologies the
Long-Duration Energy Storage Demonstrations
The Long-Duration Energy Storage (LDES) Demonstrations Program will validate new energy storage technologies and enhance the capabilities of customers and communities to integrate grid storage more effectively. DOE defines LDES as storage systems capable of delivering electricity for 10 or more hours in duration. Learn more.
Global news, analysis and opinion on energy storage
Lion Storage has received a construction permit for a 347MW/1,457MW BESS project while Giga Storage hopes to start construction on a similarly sized one this year, representing a major step
Ireland''s Corre Energy buys 280MW Texas compressed air energy storage project
Ireland-headquartered long-duration energy storage (LDES) company Corre Energy has acquired its first in-development project in the US. The company wants to combine hydrogen and compressed air energy storage (CAES) technologies at facilities built in large underground salt caverns. It said yesterday that an exclusivity agreement
U.S. Energy Storage Monitor | ACP
The new US Energy Storage Monitor | 2023 Year-in-Review was released on Wednesday, March 20. Wood Mackenzie and ACP produce quarterly executive summaries that are complementary to our members. The US Energy Storage Monitor full report is available to ACP members at an exclusive discount..
Europe''s battery storage deployments doubled in 2023, policymakers must support continued growth, says SolarPower Europe
The benefits of longer-duration storage and energy project co-location: Ireland''s first 4-hour grid-scale BESS June 26, The US energy storage industry saw its highest-ever first-quarter deployment figures in 2024, with 1,265MW/3,152MWh of additions.
Vietnam battery storage pilot project gets US$3 million grant from US
Image: AC Energy via Facebook. A battery energy storage system (BESS) will be retrofitted to a utility-scale solar PV power plant in Vietnam, in a pilot project aimed at supporting the spread of renewable energy in the country while reducing power losses. A grant for US$2.96 million has been awarded by the US Consulate General in
Jupiter Power unveils plan for 700MW BESS at former ExxonMobil oil depot in Massachusetts
Plans for the project, dubbed the Trimount Energy Storage Facility, were disclosed by Jupiter Power CEO Andrew Bowman in an interview with local news outlet Boston Globe. The BlackRock-owned developer plans to invest US$500 million in the project which it expects to see online in 2027.
10 MWh battery energy storage system commissioned in England
As the first in a series of new projects being planned by UK energy storage project developer Eelpower, a 10MWh battery energy storage system (BESS) has been commissioned in England''s East Midlands. Eelpower made a recent entrance to the energy storage projects scene in February 2017, however its senior management has several
Online education | MIT Energy Initiative
Understand the best way to use storage technologies for energy reliability; Identify energy storage applications and markets for Li ion batteries, hydrogen, pumped hydro storage (PHS), pumped hydroelectric storage
Energy Storage | Department of Energy
The Office of Electricity''s (OE) Energy Storage Division accelerates bi-directional electrical energy storage technologies as a key component of the future-ready grid. The Division
Financing Energy Storage: A Cheat Sheet
U.S. Market 35 GW — New energy storage additions expected by 2025 (link) $4B --Cumulative operational grid savings by 2025 (link)167,000 — New jobs by 2025 (link)$3.1B — Revenue expected in 2022, up from $440M in 2017 (link)21 — States with 20+ MW of energy storage projects proposed, in construction or deployed (link)
Nevada utility NV Energy seeks approval for 1GW+ of battery storage PPAs in 2024 resource plan
NV Energy will pay NextEra US$13,440/MW-month for storage capacity over a 20-year term, and US$26.78/MWh for solar energy over a longer 25-year period. Commercial operation of the hybrid project is expected in December 2026.
Energy Storage Training Online and Onsite Live
Upon completing this Energy Storage Training course, learners will be able to meet these objectives: Understand the Fundamentals of batteries and the concept of storing energy. Understand the materials used in different types of energy storage and recognize the operation. Recognize the parameters that control energy storage performance.
New US-China battery tariffs to increase BESS costs by 11-16%
The new tariffs on batteries from China will increase costs for US BESS integrators by 11-16%, consultancy Clean Energy Associates said, adding that new guidance around the domestic content ITC adder will make it easier to access. The increase in tariffs for lithium-ion batteries from China from 7% to 25% was announced last week
Kansas'' biggest battery storage project awarded to FlexGen by community energy group
While it might be more than 200 times smaller than the world''s biggest battery energy storage system so far, a 1MW / 5.1MWh project awarded to technology provider FlexGen is expected to be the biggest of its kind in the US state of Kansas.
California utility agrees PPA with NextEra for eight-hour project
California utility Clean Power Alliance has inked a 15-year PPA with NextEra Energy Resources for an eight-hour duration energy storage project. california, cca, community choice aggregator, eight-hour, long duration energy storage, long-duration energy storage, medium duration, nextera energy resources, power purchase
DOE agrees US$850 million loan to Kore Power for gigafactory
Vertically integrated US energy storage company Kore Power has received a conditional commitment from the US Department of Energy (DOE) for a $850 million loan for its Arizona gigafactory. The DOE''s Loan Programs Office (LPO) is set to provide the loan for Kore Power''s lithium-ion gigafactory, the KOREPlex, which will
Training courses on Energy Storage Essentials
Courses cover the energy storage landscape (trends, types and applications), essential elements (components, sizing), technical and project risks, and the energy storage
Battery Energy Storage System Procurement Considerations
In support of energy-related executive order goals and legislative mandates, the Federal Energy Management Program (FEMP) is helping agencies
Energy Storage Association in India
India''s Behind-The-Meter (BTM) energy storage market, currently at 33 GWh in 2023, is poised for significant expansion, with projections indicating growth to over 44 GWh by 2032. IESA Energy Storage Vision 2030 report which emphasizes the importance of
Progress report: Some more of US'' biggest battery projects taking shape
Image: Florida Power & Light. After the successful expansion of Moss Landing Energy Storage Facility — the biggest battery project in world to date — was reported last week, progress milestones have been recorded for three more major solar-plus-storage and standalone battery storage projects in California, Hawaii and Florida