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US battery storage capacity increased by 52% year over year, to 10.8 GW by the end of Q1

May 31, 2023

Utility industry news and analysis for energy professionals.

Moss Landing United States Wolf Tank Westside Canal New Mexico Del Sol

Source: utilitydive.com

ERCOT was 70% of US battery storage deployments in Q1 2023

May 30, 2023

710MW of battery storage came online in the US in Q1 2023 of which around 70% was in the ERCOT, Texas market, S&P Global said.

United States Wolf Tank New Mexico Del Sol Electricity Coordinating Council Arizona Public Service

Source: energy-storage.news

CIT Serves as Lead Arranger of $88 Million Financing for Texas Battery Energy Storage System

July 20, 2022

/PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business arranged $88 million in financing for a 173-megawatt...

Webb County United States Wolf Tank Marc Atlas Mike Lorusso Johnm Moran

Source: prnewswire.com

Blackstone's Aypa Power secures US$88m loan for 173MW BESS in Texas

July 20, 2022

Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MW standalone energy storage project in Texas.

Webb County United States Wolf Tank Moe Hajabed First Citizens Bank Recurrent Energy