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).

US-headquartered developer Pacific Green Technologies has scouted a potential site for another large-scale battery project in Australia.

This edition of our news in brief focuses on activities in the long-duration energy storage space.

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.

The Central Electricity Authority of India’s report identifies potential for bidirectional EV charging to serve as a grid resource.

The US Bureau of Land Management has advanced on 15 clean energy projects, with two solar PV and storage plants operational in California.