Public Service Company of New Mexico (PNM) is seeking regulatory approval of two Energy Storage Agreements and a Certificate of Convenience and Necessity covering 350MW of energy storage capacity across three projects.

Fluence has ‘met or exceeded’ its financial guidance metrics for its 2024 fiscal year and expects to see ‘significant growth’ in its FY2025.

IPP Clearway Energy Group has signed a Energy Storage Exclusivity Agreement (ESEA) with California CCA utility Central Coast Community Energy (3CE) for a 750MW/3,000MWh standalone BESS located in Monterey County, California. 

We hear from S&P Global Commodity Insights analysts and a former Fluence executive about the major trends shaping the competitive landscape of system integrators in the BESS industry.

NextEra Energy Resources (NEER) has become the next IPP to seek approval of a renewable energy development incorporating battery storage via the California Energy Commission’s (CEC’s) opt-in process, as permitted under Assembly Bill (AB) 205. 

We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.

Plans for a 400MW standalone BESS in Howard County, Indiana, proposed by Spearmint Energy faced a major setback last week.

Clearway Energy has withdrawn three hybrid solar and storage projects from Hawaiian Electric Co’s (HECO’s) latest renewable energy procurement, citing the investor-owned utility’s (IOU’s) “ongoing financial uncertainty”.

Energy-Storage.news delves into the Marinus Link and how the 1.5GW interconnector could facilitate Tasmania’s ‘Battery of the Nation’ goal.

Industry sources including ex-Fluence executives discuss what the next era for the rapidly-evolving BESS technology landscape looks like, including the move to AC blocks and changing battery cell sizes.