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Energy Storage News•about 1 month ago

•Google acquired renewable developer Intersect Power for US$4.75 billion to directly power its US data center expansions.
•The acquisition's initial focus is on developing solar-plus-storage projects in California (CAISO) and Texas (ERCOT).
•This move signals a significant vertical integration by a major power consumer, securing dedicated renewable generation and storage capacity.

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Energy Storage News•about 1 month ago

•Over US$2 billion in financing secured by GridStor, Arevon, and Primergy for energy storage projects across Texas, California, and Nevada.
•This significant capital infusion signals robust investor confidence and a rapidly expanding market for energy storage development in key US regions.
•Indicates increasing availability and deployment of storage solutions, offering enhanced grid reliability, arbitrage opportunities, and demand charge management for large power consumers.

caiso

Energy Storage News•about 1 month ago

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