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Peak Energy Announces First Grid-Scale, Sodium-Ion Battery Energy Storage System in the U.S.

LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.

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TVA Presents Third Quarter Fiscal Year 2025 Financial Results

LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.

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Industry News

California ISO Approves 300-MW Beltran Solar Project

LCG, June 17, 2015-Centauri Energy, LLC yesterday announced that it has received approval from the California Independent System Operation (CAISO) to secure a queue position for Beltran Solar, the company's 300-MW solar project in California. The queue position enables Beltran Solar to connect the planned facility to California's electric grid.

The Beltran Solar project site is located approximately an hour southeast of the Bay Area in Stanislaus County, California. The project includes three separate land parcels that will be developed in three phases and span in total approximately 1,600 acres. The three phases will take a total of 18 to 24 months to complete. The first phase scheduled to deliver power to the grid in 2016 and 2017.

Centauri Energy's CEO and president stated, "Having Beltran Solar approved by CAISO for a queue position marks an important milestone for us. Beltran Solar has been in development for more than five years. The permits have been issued, the environmental impact studies are finished and now the CAISO application is approved. These are some of the biggest hurdles for a large-scale project like this. With all of these complete, we're ready to develop."
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