DESRI, Clearway move Texas BESS projects forward
D. E. Shaw Renewable Investments (DESRI) has signed a preferred equity investment in IPP Linea Energy’s 235MW/470MWh Duffy battery energy storage system (BESS) in Matagorda County, Texas.


D. E. Shaw Renewable Investments (DESRI) has signed a preferred equity investment in IPP Linea Energy’s 235MW/470MWh Duffy battery energy storage system (BESS) in Matagorda County, Texas.
According to the US trade association group, the Solar Energy Industries Association (SEIA), US battery energy storage system (BESS) deployments are set to increase to 70GWh in 2026.
In this US news roundup, CC Power signs an agreement with Hydrostor for 400MWh of its Willow Rock LDES project, PowerSecure builds microgrids in New Mexico, and ESS Inc acquires VoltStorage.
IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US.
The US Treasury’s interim FEOC guidance has outlined “Material Assistance” provisions, which rely heavily on existing safe harbour calculations.
Residential energy storage startup Base Power and utility El Paso Electric Company (EPE) have announced a new residential distributed energy resource (DER) pilot programme in Texas, US.
NeoVolta has raised approximately US$23 million to support its 2GWh BESS manufacturing JV in Georgia, US.
Developer-operator Plus Power is now operating its 175MW/350MWh Cross Town Energy Storage facility in Gorham, Maine, US.
Energy-Storage.news Premium hears from Giovanni Damato, President of organic flow battery company CMBlu Energy, Inc., on changes to FEOC and Section 301 tariffs.
LG ES Vertech, the US-based system integrator subsidiary of LG Energy Solution (LG ES), plans to deliver 50GWh of projects this year, ESN Premium has heard.