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10 notable battery storage projects that went live in 2021

10 notable battery storage projects that went live in 2021

Battery storage is having its moment in the sun. In its most recent Electricity Monthly Update, the U.S. Energy Information Administration said that when it totals up the numbers for 2021, it expects they will show that battery storage capacity grew by 4.5 GW, or 300%, in the year just ended. “Declining cost for battery storage applications, favorable economics when […]
Salt River Project, NextEra partner to add energy storage at solar plant

Salt River Project, NextEra partner to add energy storage at solar plant

Salt River Project is partnering with a NextEra Energy subsidiary to add a 100 MW battery to its existing 100 MW solar plant, Saint Solar.
Greenbacker invests in energy storage startup

Greenbacker invests in energy storage startup

The investment comes as the company aims to raise a "significant" amount of funding.
Hydrostor inks $250 million investment for energy storage growth

Hydrostor inks $250 million investment for energy storage growth

Goldman Sachs is investing $250 million to help the company build more than 1 GW/8.7GWh of its Advanced Compressed Air Energy Storage (A-CAES) projects in California and Australia. Some development is already underway.
Pine Gate inks $500m credit facility to fuel solar and storage project growth

Pine Gate inks $500m credit facility to fuel solar and storage project growth

Pine Gate lines up financing to drive its solar power plant growth.
Elon Musk and Bill Walton voice their opposition  to proposed California solar rule changes

Elon Musk and Bill Walton voice their opposition to proposed California solar rule changes

A vote on the residential solar rule changes is slated for January 27.
Invenergy scores $3b investment from Blackstone

Invenergy scores $3b investment from Blackstone

Proceeds will help speed the renewable energy developer's efforts.
China Three Gorges starts work on 1.7 GW pumped storage station

China Three Gorges starts work on 1.7 GW pumped storage station

China Three Gorges (CTG) said it has begun construction of the 1.7 GW Tiantai pumped storage power station in Zhajiang Province. The station, located in Tiantai County, is a major project of the Medium and Long-term Development Plan for Pumped Storage (2021-2035) included in the 14th Five-Year Plan. The powerhouse will contain four 425 MW reversible hydraulic generators. CTG said […]
Invenergy launches community solar venture for LMI segment

Invenergy launches community solar venture for LMI segment

As much as 3 GW of capacity could be added by 2030 to serve LMI communities.
Global Infrastructure backs solar + storage developer, AES fossil fuel project

Global Infrastructure backs solar + storage developer, AES fossil fuel project

A pair of deals will fund solar projects and a Panama cogen plant.