Latest News

Automated analysis of power industry news, curated for developers and large loads.

Filter by Topic

Energy Storage News•19 days ago

•NineDot Energy secured US$431 million in construction financing for New York BESS projects, signaling strong investor confidence and capital availability for grid-scale storage development.
•Ameresco successfully completed multiple tax credit transfer and financing transactions for solar PV and BESS, demonstrating a viable and active market for monetizing IRA incentives.
•These transactions highlight robust financial mechanisms and policy support driving significant investment and deployment in battery energy storage and solar, particularly in high-demand markets like New York.

storage

Energy Storage News•19 days ago

•Netherlands-based Ore Energy successfully completed a grid-connected pilot of its 100-hour iron-air long-duration energy storage (LDES) system at EDF Lab in France.
•This pilot demonstrates a significant advancement in ultra-long-duration storage technology, offering potential for developers to integrate higher percentages of intermittent renewables and for large loads to ensure reliable, decarbonized power.
•The 100-hour duration capability could unlock new revenue streams for capacity, energy arbitrage, and grid services over extended periods, reducing reliance on fossil fuel peakers and mitigating curtailment.

storage

Page 11