ROUNDUP: SMA central inverter, e-Storage Arizona deal, Trina Storage 5MWh BESS launch
Another roundup from the world of energy storage, with news from SMA, Canadian Solar’s e-Storage and Trina Storage.
US energy storage market saw ‘first year of double-digit deployment’ in 2024: Wood Mac
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
California governor Gavin Newsom fast tracks 300MW solar-plus-storage project
California governor Gavin Newsom has taken steps to accelerate the 300MW Cornucopia Hybrid Project in Fresno County, California, US.
Jupiter Power, Recurrent Energy secure combined US$469 million for 1GWh of BESS projects
Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh.
California utility Central Coast Community Energy launches RFP for renewables, storage
California community choice aggregator (CCA) utility Central Coast Community Energy (3CE) has announced a request for proposals (RFP) to meet its renewable portfolio standard.
Peregrine Energy secures US$168 million for 150MW BESS
Developer Peregrine Energy Solutions has secured US$168 million for a 150MW battery energy storage system (BESS) currently under construction.
Vistra to write off US$400 million from Moss Landing BESS
Utility and power generation firm Vistra will write down the value of its Moss Landing BESS to the tune of US$400 million in depreciation expense, its entire remaining book value.
Local residents lose legal battle against NextEra over 1GWh BESS in US state of Georgia
A legal challenge against NextEra Energy Resources (NEER) over the construction of a 250MW/1,000MWh standalone BESS in Georgia has been dismissed by the Superior Court of Fulton County, after several months of litigation.
‘Foundational’ market shifts affecting BESS in CAISO and ERCOT coming in 2025
There will be ‘foundational’ shifts in the US’ two largest renewables and energy storage markets this year, California (CAISO) and Texas (ERCOT), significantly affecting battery storage market participation.
NextEra and SJCE renegotiate offtake agreement for CAISO-related BESS after interconnection delays
In light of lengthy interconnection delays, independent power producer (IPP) NextEra Energy Resources (NEER) has successfully renegotiated the terms of an offtake agreement associated with one of the developer’s solar and storage projects located in Clark County, Nevada.
