Asset manager AIP Management has bought a 49% stake in a 2.4GWh UK portfolio from global BESS investment platform BW ESS for a deal in excess of £650 million (US$873 million).
A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.
Oil and gas major TotalEnergies has commissioned and started operations on two solar-plus-storage projects in the ERCOT, Texas market, one with the BESS online and another set to be commissioned next year.