Developer esVolta has secured tax equity financing for a 30MW/60MWh BESS in California while Atlantica Sustainable Infrastructure has signed PPAs for two projects with one of the state’s utilities.

The national electric utility of Senegal, Senelec, has signed a 20-year capacity change agreement (CCA) with developer Infinity Power for a 40MW/160MWh battery energy storage system (BESS) project.

Developer Kyon Energy has claimed the largest approved BESS in Europe for a 275MWh project in Germany, just as regulators extend grid fee exemptions for energy storage by three years to 2029.

Germany-based EV charging and BESS integrator ADS-TEC has installed eight units comprising a 20MW battery energy storage system (BESS) in Sweden.

Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.

Renewable energy developer and operator Arevon has completed the financing for a 600MWh solar and storage project in California, US, including US$191 million of investment tax credits (ITC) provided using new transferability provisions.

China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).

Argentina is set to launch a call for expressions of interest (EOI) for energy storage projects as it looks to reach 20% renewable energy in 2025.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

Aypa Power has secured a portfolio debt and tax equity financing package totalling US$550 million for two battery energy storage system (BESS) projects in California and Texas.