The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).
Developer Boralex and its partner Six Nations of the Grand River Development Corporation (SNGRDC) have closed the CA$538 (US$372.82) million financing of a 300MW/1,200MWh BESS park.
We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.
Eolian has pulled plans for a 100MW/400MWh standalone BESS facility that was proposed for the Town of Catskill in Greene County, New York, following a drawn-out permitting process with the local planning authority.
The energy regulator in Greece has cancelled the country’s third large-scale energy storage procurement auction due to confusion over limits on how much power capacity could be bid in per participant, with a view to relaunching the scheme.
Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).
Lithium-ion battery storage system integrator Fluence and iron-air battery startup Form Energy have completed fire safety and explosion testing of energy storage technologies.
Canadian-headquartered developer-operator Aypa Power announced successful close of a US$398 million financing package for the 250MW/1,000MWh Pediment BESS project.
