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Energy Investments Failing to Keep World on Renewables Target, Says Report

Despite last year's surge of $1.8 trillion in clean energy investments worldwide, investment remains below what is needed to meet the COP28 target of...

Orsted to Install BESS Co-Located with Hornsea 3

Ørsted has invested in, and will install, a 600 MWh Tesla BESS on the same site as the onshore converter station for the company’s...

Arevon Inks Offtake Agreement with MCE for 250 MW BESS Project

Arevon Energy has signed a long-term tolling agreement with MCE for 188 MW of the Cormorant Energy Storage Project, a 250 MW stand-alone BESS...

Prevalon Energy Secures Contract with Idaho Power for Integrated BESS

Prevalon Energy, a Mitsubishi Power Americas company, has contracted with Idaho Power for a complete BESS coupled with a long-term service agreement that includes...

Arevon, San Diego Community Power Sign Agreement for Avocet Storage Facility

Arevon Energy has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP) for the full capacity of the Avocet...

GridStor Acquires Galveston County BESS Project From Balanced Rock Power

GridStor has acquired the 450 MW Evelyn Battery Energy Storage project, located in Galveston County, Texas, from Balanced Rock Power.  The project, expected to begin...

BayWa, Ampt, Fraunhofer ICT Deploy Energy Storage Combination System 

BayWa r.e. and Ampt have deployed a combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute...

Strata Clean Energy Secures $559 Million Financing for 1 GWh Arizona BESS Project 

Strata Clean Energy has closed on $559 million in financing for the construction and ownership of the Scatter Wash battery storage complex, a 255...

Spearmint Energy Secures Loan from Manulife for ERCOT BESS Project

Spearmint Energy has closed a $47.5 million project finance term loan from Manulife to support the commercial operation of Revolution, Spearmint’s 150 MW, 300...

KORE Power Launches Two U.S.-Manufactured DC Blocks

KORE Power has launched two all-in-one DC block products for energy storage, offering a 750 kWh LFP DC Block and a 1.3 MWh NMC...

NineDot Energy Raises $225 Million to Build, Operate BESS Projects

NineDot Energy has secured an additional $225 million equity capital commitment from Manulife Investment Management, as well as Carlyle, NineDot’s existing institutional equity investor.  Manulife...

Spearmint Energy Completes 300 MWh BESS in ERCOT

Spearmint Energy has completed Revolution, the company’s 150 MW BESS project in West Texas, as well as commenced the project’s commercial operations.  Thirty-four Mortenson team...

Pacific Green’s Richborough Substation Battery Storage Project Goes Operational

A battery storage project developed by Pacific Green and owned by the Sosteneo Energy Transition Fund is now connected and operational on the transmission...

Energy Storage Firm EarthEn Joins Future Energy Storage Studio

Energy storage startup EarthEn is partnering with Ørsted and Newlab to join the Future Energy Storage Studio, a program jointly launched by Ørsted and...

Westinghouse Alaska Energy Storage Project Tapped for DOE Program

As part of its program providing up to $325 million to accelerate the development of long-duration energy storage technologies, the Energy Department has selected...

DOE Putting Funds Toward Long-Duration Energy Storage Projects

The U.S. Department of Energy (DOE) has announced up to $325 million for 15 projects across 17 states and one tribal nation to accelerate...

Sage Geosystems Confirms Energy Storage System Performance

Sage Geosystems Inc., a geothermal baseload and energy storage company headquartered in Houston, has published results and data from its full-scale commercial pilot confirming...

Ingka Investments, Apex Clean Energy Partner on Battery Storage

Ingka Investments - the investment arm of Ingka Group, the largest IKEA retailer - and Apex Clean Energy have collaborated on their first-ever battery...

New York City Gets Two Summit Ridge Energy ESS

Summit Ridge Energy, a solar and energy storage company in the United States, has commissioned the first two of its four energy storage systems...

Spearmint Energy: Commissioning Activities Begin at Revolution Project

Spearmint Energy, a renewable energy company specializing in battery energy storage, has begun commissioning activities at Revolution, its 300 MWh battery energy storage project....

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