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esVolta has secured $110 million in tax equity financing with Greenprint Capital Management to fund the Hummingbird project, a 300 MWh battery energy storage system in San Jose, California. The project aims to strengthen the state's power grid and will reach completion in 2025. The Hummingbird project will provide grid stability for PG&E and participate in CAISO's fast-response energy. . California has emerged as the U. Battery capacity has soared from under 1 GW in 2020 to. . The Californian city of San José aims to produce enough clean electricity to power nearly 65,000 homes annually for the next 12 years through its latest solar and battery storage project.
