Norway’s Equinor ASA has signed a deal to acquire U.S. battery storage developer East Point Energy LLC. Charlottesville, VA-based East Point has a 4.1 GW pipeline of early to mid-stage battery storage projects focused on the East Coast, and is eyeing additional growth opportunities, Equinor said. “The acquisition of East Point Energy represents Equinor’s entry…
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U.S. Energy Grid Storage Hits Record, Hurdling Supply Chain Constraints
Additions in U.S. grid-scale energy storage during the first three months of the year outpaced the same period last year four times over, with a record 2,399 MWh brought online despite supply chain-related delays. A recent report by consultancy Wood Mackenzie and the American Clean Power Association (ACP) found that residential, nonresidential and grid-scale storage…
June 27, 2022
Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred
More than a new source of revenue, extracting lithium from produced water could allow natural gas and oil industry players to achieve environmental, social, and governance (ESG) goals, informed sources told NGI. The level of interest in lithium extraction produced water, aka brines, among exploration and production companies, oilfield services firms and others is “growing,”…
June 8, 2022
ConEd, 174 Power Global Get OK for Battery Storage System in New York
Consolidated Edison Inc. (ConEd) and 174 Power Global are set to move forward with the East River Energy Storage Project, a 100 MW battery storage system in New York City, after the state Public Service Commission (PSC) gave recent approval for the project. Irvine, CA-headquartered 174 Power Global, which specializes in renewable energy projects, has…
August 5, 2021
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