Energy Storage News•about 1 month ago
US Roundup: Virginia’s biggest standalone BESS, Cypress Creek raises US$3.5 billion and Kore sells mobile battery business
- •Virginia's largest standalone Battery Energy Storage System (BESS) has come online, adding significant grid flexibility and capacity within the PJM market.
- •Cypress Creek Renewables secured US$3.5 billion in funding for a gigawatt-scale hybrid generation resource, signaling strong investor confidence in combined solar/wind and storage projects.
- •Kore Power sold its mobile battery solutions subsidiary, indicating strategic shifts and consolidation within the energy storage OEM market.
financingm&aoem