pjm

Lightsource BP has acquired six solar power assets totalling 135MW of capacity in Pennsylvania and Maryland from Orion Renewable Energy Group.

Energy storage in the US is being propelled forward by falling costs and increasingly favourable markets and policy. But for the full value of storage to be realised, numerous regulatory and fiscal barriers must still be surmounted, writes Matt Roberts, executive director of the Energy Storage Association.

Eastern US transmission organisation PJM Interconnection’s latest energy auction for capacity in 2019/20 saw 335MW of solar procured, nearly double that of the preceding year.

RES (Renewable Energy Systems) claims the company’s experience with structuring solar, wind and transmission finance deals has made successful financing of large-scale battery projects possible.