Energy storage

Renewable energy developers shined a light on the untapped potential of the Western Electricity Coordinating Council (WECC) market during REFF Wall Street 2023, with one speaker calling it a “forgotten market”.

Inverter and energy storage supplier Sungrow has signed a contract with investment fund WEG-4 to supply a liquid cooled energy storage system (ESS) solution.

Texan municipally-owned electric and natural gas utility CPS Energy has launched a request for proposal (RFP) seeking up to 500MW of energy storage systems.

South Korean trading company Samsung C&T has signed a deal to sell 15 solar PV and energy storage systems (ESS) to North American developer Sunraycer.

Battery cell manufacturer KORE Power has inked a multi-year supply agreement with energy storage and power conversion company Nidec North America.

Enel North America has brought five battery energy storage systems (BESS) totaling 369MW / 555MWh online in Texas. The utility-scale BESS projects have been connected to the ERCOT power grid and will increase stability during the hot summer months.

Foss & Company has launched a standalone battery storage investment division, which highlights the company's increasing focus on battery energy storage systems (BESS) projects.

Tara Young, former deputy general counsel at Plus Power, has joined Spearmint Energy as its general counsel, effective immediately.

IKEA’s financial arm, Ingka Investments, has joined Apex Clean Energy in developing Cameron Storage, the company’s first-ever battery storage project.

Solar real estate investment fund SolaREIT has closed a $100 million investment with AB CarVal to grow SolaREIT's solar land, lease, and loan financing solutions. The investment can increase to $250 million in additional capital.