US battery materials and BESS firm Redwood raises US$350 million Series E
Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.
US battery storage financing ‘has become more challenging’
It has become harder to finance BESS projects in the US, according to Ronak Maheshwari, a director at CRC-IB.
Texas utility signs 200MWh BESS offtake agreement with Jupiter Power to combat ERCOT duck curve
Community-owned public power utility Denton Municipal Electric (DME) has signed a power purchase agreement (PPA) with Jupiter Power covering offtake from one of the developer-operator’s standalone BESS projects destined for Robertson County in Texas.
Longroad Energy signs Utah BESS offtake deal, tariff-related price adjustments could increase cost by 4.7%
Utah Associated Municipal Power Systems (UAMPS) has negotiated the terms of a solar and BESS power purchase agreement (PPA) with Boston, Massachusetts-based developer Longroad Energy.
Legal ambiguity in South Dakota, regulator finds state permit required for NextEra 120MW BESS
A recent decision from South Dakota’s Public Utilities Commission (PUC) has highlighted a legal permitting ambiguity in the way energy storage facilities are treated in the Mount Rushmore State.
NCPA and Aypa Power negotiate offtake for 400MW San Bernardino BESS, includes ‘attractive’ US$12.71/kW-month pricing
Northern California Power Agency (NCPA) has negotiated the terms of an energy storage services agreement (ESSA) with Aypa Power, relating to offtake from a 400MW standalone BESS destined for the County of San Bernardino.
Dominion receives approval to develop 400MWh BESS in Virginia after fire safety concerns alleviated
Regulated utility Dominion Energy last week received the green light from local officials to develop a 100MW/400MWh BESS in Fauquier County, Virginia.
Arkansas utility seeks approval of 1.4GWh hybrid BESS, with financial support from Google as part of data centre deal
Investor-owned utility (IOU) Entergy is seeking regulatory approval from the Arkansas Public Service Commission (PSC) to construct what could become the largest BESS in the southern US State. It will support a data centre from Google.
‘The bar is going up and up’: Sodium-ion firm Natron Energy’s closure highlights alternative chemistry challenges
US sodium-ion battery firm Natron Energy has ceased trading, putting an end to its two domestic gigafactories. The news points to the challenges for battery chemistries hoping to compete with LFP, analysts told Energy-Storage.news.
Primergy, Gridstor, Sunraycer and Plus Power progress large-scale US BESS projects
A flurry of large-scale BESS project news in the US from four major developer-operators, coinciding with the country’s largest clean energy trade show RE+.
