IPP Grenergy has acquired a 1GW solar PV portfolio and 1GW of energisation lines in Chile which will allow the hybridisation of 6GWh.

A public consultation regarding the auction will be launched in the coming days, while capacity and funding details have yet to be disclosed.

IPP Clearway Energy Group has closed US$550 million in financing for a solar-plus-storage project with a 118MW BESS in Kern County, California.

The solar PV part of the Stampede project started producing power in June 2024, while the 86MW BESS is currently undergoing final commissioning.

The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage manufacturing.

Renewables developer Clearway Energy Group has closed a US$700 million construction financing on a portfolio of solar and storage projects in California, US.

The Chilean Ministry of Energy has opened a public land bidding auction seeking 13GWh of standalone energy storage projects.

For many years now, Spain has been one of the leading European markets for solar PV but has yet to meet the same outcome for energy storage. Sungrow has high expectations for this to happen in the coming years.

Utility and independent power producer (IPP) Engie has started commercial operations of a 139MW/638MWh battery energy storage system (BESS) in the northern region of Antofagasta, Chile.

Arizona utility Salt River Project (SRP) and renewables developer NextEra Energy Resources have commissioned a 1GWh battery energy storage system (BESS) in Buckeye, Arizona, US.