Energy Storage

pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.

Also on the rise: Arizona’s largest energy storage project closes $513 million in financing. Aiko presents ABC solar module with world record efficiency of 25.2% at Intersolar. And more.

The 1,200 MWh Papago Storage project will dispatch enough power to serve 244,000 homes for four hours a day with the e-Storage SolBank high-cycle lithium-ferro-phosphate battery energy storage solution.

Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed.

U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.

Also on the rise: Hawaii’s largest solar-plus-storage facility now operational. Swift Solar closes $27 million in funding, plans perovskite solar factory. And more.

The 60 MW Kūihelani solar-plus-storage facility will generate enough electricity for 27,000 homes, with a 240 MWh battery energy storage system.

Bitech completed the sale of 2.425 GW of its greenfield solar projects to “a third party purchaser”. The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.

Quidnet Energy, a provider of geomechanical energy storage (GES) technology, has joined hands with distributed energy resources developer Hunt Energy Network to deliver 300 MW of storage projects in the Electric Reliability Council of Texas (ERCOT) grid operating region.

About 60% of customers have included battery energy storage with their rooftop solar installation, up from roughly 10% prior. However, a “sustained downturn” is expected for the market.