Renewable energy developer-operator Arevon Energy has put its 300MW/1,200MWh Nighthawk Energy Storage Project in Poway, California, US into operation.

Energy-Storage.news Premium speaks with Mona Dajani of law firm Cooley, about how FEOC has changed BESS project negotiations and financing.

Operators anticipate bringing an additional 54GW of battery storage capacity online over the next two and half years, according to the US Energy Information Administration (EIA).

Energy storage developer and system integrator Energy Vault has entered into a strategic agreement supporting hyperscaler AI data centres for a customer in Texas, US.

Danish investment firm Copenhagen Infrastructure Partners (CIP) has reached financial close of the La Esperanza Solar energy storage-plus-solar PV project in the state of Campeche on Mexico’s Yucatán Peninsula.

In this news roundup, ACCURE, Hydrostor, Shoals and TerraFlow, and Qnetic claim significant advances in and for energy storage technology.

The US Department of Energy (DOE) has closed a US$489.4 million loan to Amanecer Puerto Rico, a subsidiary of developer Pattern Energy to support Puerto Rico’s electric grid.

Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.

Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.

Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.