ENGIE and Meta Announce New 200 MW Renewable Energy Agreement Expanding Existing Relationship to Meet Growing Power Demand

From ENGIE: https://www.engie-na.com/engie-and-meta-announce-new-200-mw-renewable-energy-agreement-expanding-existing-relationship-to-meet-growing-power-demand/ ENGIE) and Meta announced they recently completed a second Environmental Attributes Purchase Agreement (EAPA) in 2024. The agreement will see ENGIE supply 200 MW of renewable energy and associated environmental attributes from its Anson 2 solar project in Jones County Texas furthering support of Meta’s growing power needs in line with its net zeroContinue reading “ENGIE and Meta Announce New 200 MW Renewable Energy Agreement Expanding Existing Relationship to Meet Growing Power Demand”

Texas Tops US States for Renewable Energy and Battery Capacity

From Reuters: https://www.reuters.com/business/energy/texas-tops-us-states-renewable-energy-battery-capacity-maguire-2025-01-09/ Texas is dominating the development of renewable energy generation and battery capacity within the United States, and is estimated to have installed nearly 80% more combined solar, wind and battery capacity than the next largest state. The Lone Star state has 42,000 megawatts (MW) of wind power, 22,000 MW of solar farmsContinue reading “Texas Tops US States for Renewable Energy and Battery Capacity”

New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas

The American Clean Power Association (ACP) today released an analysis highlighting how recent significant additions of energy storage capacity over the past year in Texas has resulted in lower energy costs for consumers, the ability to avoid conservation appeals, and has enabled the power grid to better navigate extreme weather events.   Key findings include:   ERCOT has confirmed theContinue reading “New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas”

Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour: BloombergNEF

Battery prices saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to analysis by research provider BloombergNEF (BNEF). Factors driving the decline include cell manufacturing overcapacity, economies of scale, low metal and component prices, adoption of lower-cost lithium-iron-phosphate (LFP) batteries,Continue reading “Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour: BloombergNEF”

GM Offers New Energy Storage Options for EV Owners Across the U.S.

GM Energy is expanding its portfolio with the launch of the GM Energy PowerBank, a stationary storage product that gives EV owners the power to store and transfer energy from the grid, and the option of integrating with solar power equipment. The General Motors unit has also expanded access to energy management products across allContinue reading “GM Offers New Energy Storage Options for EV Owners Across the U.S.”

San Antonio Express-News Commentary from APA: “Don’t Let Misinformation Short Circuit Battery Energy Storage Potential”

The following commentary appeared in the San Antonio Express News on October 12, 2024: https://www.expressnews.com/opinion/commentary/article/battery-storage-texas-hill-country-19826708.php There has been some local opposition to battery energy storage systems being developed in the Texas Hill Country, and while development of any kind presents challenges, it is essential for the public to recognize the immediate and lasting benefits thatContinue reading “San Antonio Express-News Commentary from APA: “Don’t Let Misinformation Short Circuit Battery Energy Storage Potential””

APA Pushes for Non-Discriminatory Policies During July 31 Hearing of the Texas House Committee on State Affairs

APA Leadership ensuring that the voice of the advanced power generation and energy storage industries is heard inside the region’s state capitols. Advanced Power Alliance Technical and Legislative Consultant Jean Ryall recently provided testimony before the Texas House Committee on State Affairs. Chaired by Texas State Representative Todd Hunter (R-Corpus Christi), the committee met toContinue reading “APA Pushes for Non-Discriminatory Policies During July 31 Hearing of the Texas House Committee on State Affairs”

OCI Solar Power Rebrands to OCI Energy, Embracing Broader Vision for Sustainable Energy Solutions

From OCI Energy: https://www.ocienergy.com/wp-content/uploads/2024/07/7-15-2024-OCISP-Rebranding-FINAL.pdf July 15, 2024 – OCI Solar Power, a pioneer in utility-scale solar project development in Texas, is excited to announce its rebranding to OCI Energy. This change marks a significant milestone in the company’s evolution, reflecting its expanded focus on the development of both large-scale solar and battery energy storage systemsContinue reading “OCI Solar Power Rebrands to OCI Energy, Embracing Broader Vision for Sustainable Energy Solutions”

EnergyStorage.org Launches to Provide Source of Factual Data, Background Information, and Industry Updates

Advanced Power Alliance national partner American Clean Power has launched EnergyStorage.org to serve as a centralized hub of accurate and up-to-date information on energy storage technologies and the tremendous benefits they bring to electric grids. The site will serve as a “one-stop-shop” for information on the energy storage industry and is designed to be aContinue reading “EnergyStorage.org Launches to Provide Source of Factual Data, Background Information, and Industry Updates”

Apex Secures Financing for Texas Storage Facilities

First Citizens Bank Arranges Financing of Great Kiskadee and Angelo From Apex Clean Energy: https://www.apexcleanenergy.com/news/apex-secures-financing-texas-storage-facilities/ Apex Clean Energy today announced that First Citizens Bank Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two battery energy storage projects in Texas. Great Kiskadee Storage is a 100Continue reading “Apex Secures Financing for Texas Storage Facilities”