INDUSTRY NEWS

April 21, 2026

CISION PR Newswire | TVA and Plus Power’s Crawfish Creek Energy Storage Sign on 200 MW Battery Project to Strengthen Power Affordability and American Energy Dominance

Plus Power and the Tennessee Valley Authority (TVA) announced on Tuesday a 20-year Energy Storage Agreement to add 200 megawatt / 800 megawatt-hour utility-scale battery energy storage to the Tennessee Valley. TVA, the largest public energy provider in the United States, selected the project through a Request for Proposal issued in early 2025 to supply new capacity resources needed across the region. The standalone system, developed by Plus Power’s Crawfish Creek Energy Storage project in Jackson County, Alabama, was chosen to help TVA meet its system needs and strengthen U.S. energy security.

February 11, 2026

Maine Public | New England’s largest battery storage opens in Gorham

New England’s largest standalone energy storage facility in Gorham is on and already improving reliability and stabilizing prices across the region, according to owner Plus Power. The Cross Town site in the town’s industrial park includes more than 150 battery units capable of storing up to 350 megawatt hours of energy, Christina Hoffman, the company’s senior director of planning said at a ribbon cutting Wednesday.

November 5, 2025

CISION PR Newswire | Plus Power Secures $160 Million in Tax Equity Investments for its Landmark ISO-NE Battery Storage Projects

Today, Plus Power™ announced tax equity investments from Morgan Stanley for the largest standalone battery energy storage projects in New England: a $95 million investment in Cranberry Point Energy Storage in Massachusetts, and a $65 million investment in Cross Town Energy Storage in Maine. The 150 MW / 300 MWh Cranberry Point facility, located in Carver, Massachusetts, came online in May 2025. At 175 MW / 350 MWh, the Cross Town facility in Gorham, Maine will be the largest battery in the region when it begins commercial operations in late Q4 2025.

September 10, 2025

CISION PR Newswire | Largest Utility-Scale Battery Energy Storage System in Massachusetts Now Online

Plus Power announced it is now operating its Cranberry Point Energy Storage facility in Carver, Massachusetts, the largest utility-scale standalone battery energy storage system on New England’s grid. The facility is a significant milestone in the buildout supporting New England’s energy infrastructure and grid reliability. At 150 MW / 300 MWh, Cranberry Point is helping the Commonwealth reach roughly a third of its goal to deploy 1,000 MWh of battery energy storage by 2025.

November 25, 2024

CISION PR Newswire | Plus Power Battery Storage Project Wins Public Service Company of New Mexico Award

Today, Plus Power announced that its 150 MW / 600 MWh Corazon Energy Storage project was awarded a 20-year contract by Public Service Company of New Mexico (PNM), subject to regulatory approvals, in response to the utility’s 2026-2028 Generation Resources Request for Proposals. The RFP was issued in 2022 and sought projects that will help serve growing energy demand in New Mexico as it transitions to zero-carbon energy by 2045. PNM filed with the New Mexico Public Regulation Commission for approval of the project on Nov. 22, 2024.

June 25, 2024

Arizona Republic | SRP deploys state’s largest battery system to handle peak energy demand spikes

Salt River Project is deploying two new industrial-scale battery storage systems, including the state’s largest so far, to absorb excess energy when it’s not needed for release at later periods when demand spikes. The 250 MW Sierra Estrella facility, on nine acres in Avondale, became the largest standalone battery system in Arizona when it went online earlier this month, SRP said. It will store enough energy to power more than 56,000 residences for four hours. The 90 MG Superstition Energy facility in Gilbert will store enough power for 20,000 homes for four hours.

June 13, 2024

CISION PR Newswire | First Major Standalone Battery Storage Project in ISO-NE Closes Financing

Today, Plus Power™ announced the close of construction and term financing for the first major utility-scale standalone battery storage system in construction on the New England grid, among other notable firsts for standalone storage in the region. The Cranberry Point facility, located in Carver, Massachusetts, will help stabilize the electric grid during the region’s increasing number of extreme weather events while helping to suppress volatile wholesale prices for ratepayers.

February 15, 2024

CISION PR Newswire | Plus Power Secures Nearly $100 Million Tax Equity Financing for Merchant Battery Storage Project in ERCOT

Today, Plus Power™ announced the completion of approximately $98 million in tax equity investment for its 200 MW / 400 MWh Ebony Energy Storage facility in Comal County, Texas. The investment from Greenprint Capital Management, a market leader in structured, renewable energy tax credit partnerships, will help the project stabilize ERCOT’s power system during dynamic summer demand and cold winter storms while helping to integrate more renewable energy into the grid.

January 17, 2024

Plus Power | Rodeo Ranch Energy Storage in West Texas helped avert blackouts during latest winter storm

This week, as projected cold temperatures in Texas reached almost Winter Storm Uri level, ERCOT faced eye-popping record demand again—and 15 GW of unavailable resources according to ERCOT—but the grid didn’t go into rolling blackouts or fail. The reasons include Plus Power’s third utility-scale battery plant to go online, now the largest operating standalone battery energy storage facility in Texas: Rodeo Ranch in Pecos.

September 12, 2023

The Texas Tribune | As brutal heat tests Texas’ power grid, batteries play a small but growing role in keeping the lights on

Battery supporters credit the technology for helping during tight times when every megawatt counts to keep the power on for Texas’ growing population. This summer, batteries have mostly sold their power to meet high demand around 7 p.m. or 8 p.m. when solar production winds down as the sun sets but temperatures are still high. Energy consultant and battery advocate Doug Lewin calls that the “white knuckle part of the evening” for ERCOT, when batteries’ relatively small contribution to the grid can still be “determinative” to meeting what has been record-high demand during Texas’ second-hottest summer ever.

April 13, 2023

AZ Central | SRP starts work on Arizona's largest standalone battery project in this metro Phoenix city

SRP and Houston-based Plus Power, joined by officials from Avondale, held a ceremonial ground breaking at the previously announced battery facility Wednesday. The new Sierra Estrella energy storage facility will hold electricity produced during low-use periods and release it when demand is higher, helping to power more than 56,000 average-sized homes for a four-hour period.

December 30, 2022

S&P Global | 'We're in a perpetual short': US energy storage CEOs face limits of growth

U.S. utilities and independent power producers plan to add unprecedented volumes of battery storage to the nation's electric grid by mid-decade, driven by ambitious clean energy targets, reliability needs, a more competitive cost of technology and lucrative federal tax incentives.