A roundup of US battery storage project financing news from this week, with deals struck by SMT Energy and UBS, Plus Power, as well as CleanCapital and Available Power, covering over 1GW of projects.

The successful participants in the second round of Greece’s auction for financial support of large-scale BESS have been revealed.

Multinational utility and IPP RWE has completed three co-located battery energy storage system (BESS) projects in the US, totalling 190MW/360MWh, with another 2GWh-plus under construction.

The owner of a battery energy storage system (BESS) project in Illinois, US, is seeking at least US$10 million in damages from LG Energy Solution for supplying allegedly defective batteries, a court document shows.

Global private equity firm Ardian has enlisted power solutions firm Merus Power for its first BESS project, a 38MW/40MWh system in Finland.

Developer Ingrid Capacity and the storage arm of maritime firm BW Group are now building 14 BESS projects in Sweden with a combined capacity of over 200MW, with the latter also entering the Italian market.

Blackstone and Foss & Company have completed transferability investment tax credit (ITC) deals for BESS projects in California and Texas, a market which has grown “faster than anyone expected” according to tax credit ecosystem Crux.

Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).

Multinational utility and IPP RWE has started building its first battery energy storage system (BESS) project in the Netherlands.

Swiss-headquartered independent power producer (IPP) Axpo has brought its first BESS project in Sweden online, a 20MW/20MWh system in Landskrona.