Power and Renewables

Top 10 Storage Developers in North America by Megawatts Brought Online in 2023

byColton Wright
July 15, 2024

In 2023, these 10 storage developers in North America significantly boosted the renewable energy sector by bringing a total of 5,451 megawatts (MW) online. This impressive increase highlights the industry’s commitment to expanding sustainable power solutions and meeting growing energy demands. Read on to discover the leading companies driving this remarkable growth. These rankings are based on storage brought online

10. First Solar Inc

https://www.firstsolar.com

Power storage brought online: 200 MW

Projects: 1

First Solar Inc. is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions. They design, manufacture and sell solar modules with advanced thin-film semiconductor technology, and they also develop utility-scale PV power plants.

9. NV Energy

https://www.nvenergy.com

Power storage brought online: 220 MW

Projects: 1

NV Energy provides electric services to more than 1.5 million customers in Nevada. They focus on delivering reliable and affordable power, enhancing grid infrastructure and supporting renewable energy projects.

8. Key Capture Energy

https://keycaptureenergy.com

Power storage brought online: 225 MW

Projects: 4

Key Capture Energy focuses on developing, constructing and operating utility-scale battery storage projects. They aim to enhance grid reliability and support renewable energy integration by capturing and storing excess energy.

7. Intersect Power

https://www.intersectpower.com

Power storage brought online: 250 MW

Projects: 2

Intersect Power develops clean energy projects, including solar, wind and energy storage solutions. They focus on providing innovative and scalable renewable energy options to address climate change and promote sustainability.

6. Clearway Energy

https://www.clearwayenergygroup.com

Power storage brought online: 280 MW

Projects: 2

Clearway Energy is dedicated to providing clean energy solutions through the development and operation of renewable energy projects, including solar and wind power. They aim to accelerate the transition to a sustainable future by delivering reliable and cost-effective renewable energy.

5. Plus Power

https://www.pluspower.com

Power storage brought online: 301 MW

Projects: 1

Plus Power specializes in the development, construction and operation of large-scale battery energy storage projects. They focus on enhancing grid reliability and supporting the integration of renewable energy sources by capturing and storing energy.

4. CIM Group

https://www.cimgroup.com

Power storage brought online: 490 MW

Projects: 2

CIM Group is a real estate and infrastructure investment firm that focuses on urban communities across North America. They manage a diverse portfolio that includes real estate, infrastructure and debt investments, aiming to create value through development, repositioning and active management.

3. Terra-Gen

https://terra-gen.com

Power storage brought online: 671 MW

Projects: 8

Terra-Gen specializes in renewable energy, focusing on the development, construction and operation of utility-scale wind, solar and geothermal power projects. They aim to provide sustainable and reliable energy solutions, contributing to the transition to a cleaner energy future.

2. Vistra Energy

https://vistracorp.com

Power storage brought online: 750 MW

Projects: 1

Vistra Energy is a leading integrated retail electricity and power generation company, providing essential energy services to customers across the United States. They operate a diverse portfolio of natural gas, nuclear, solar and battery energy storage facilities, focusing on delivering reliable, affordable and sustainable energy solutions.

1. NextEra Energy Resources

https://www.nexteraenergyresources.com

Power storage brought online: 2,194 MW

Projects: 14

A subsidiary of NextEra Energy, Inc., NextEra Energy Resources is a trailblazer in developing, constructing and operating renewable energy projects. Their contributions have played a pivotal role in expanding clean energy sources across the United States.

Enverus Power & Renewables provides current and planned power project and grid infrastructure data to identify high potential renewable energy opportunities for developers, utilities, and EPCs. Quickly analyze parcel attributes, land exclusion areas, and favorable LMP information while also discovering promising battery storage areas and point of interconnection.

Picture of Colton Wright

Colton Wright

Colton is a product marketing manager at Enverus for Power & Renewables. He develops product materials and strategy for Enverus solutions in this sector. Previously, he worked in product marketing roles focused on reporting and analytics tools as well as trust and security.

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