Latest News for: ercot

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Jupiter Power, Recurrent Energy secure combined US$469 million for 1GWh of BESS projects

Energy Storage News 20 Mar 2025
Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh ....
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‘Foundational’ market shifts affecting BESS in CAISO and ERCOT coming in 2025

Energy Storage News 19 Mar 2025
... and Texas (ERCOT), significantly affecting battery storage market participation.
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Peregrine Energy secures US$168 million for 150MW BESS

Energy Storage News 19 Mar 2025
Developer Peregrine Energy Solutions has secured US$168 million for a 150MW battery energy storage system (BESS) currently under construction ....
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Cypress Creek Renewables secures US$133 million for 200MW Texas BESS

Energy Storage News 13 Mar 2025
Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas ....
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US solar facilities lost $5,720 per MW to equipment issues in 2024

PV Magazine 06 Mar 2025
Power loss averages ranged widely by regional markets, with the Electric Reliability Council of Texas (ERCOT) and PJM Interconnection regions exceeding an average of $7,100 per megawatt, as seen below.
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SMT Energy secures US$135 million for 160MW/320MWh ERCOT BESS

Energy Storage News 28 Feb 2025
Developer SMT Energy has secured a US$135 million funding for its 160MW/320MWh battery energy storage system (BESS) located in Houston, Texas ....
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