Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.
A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million.
Google’s smart home division has joined a group of companies including Ford, Sunpower and Sunrun in founding a new partnership centred around scaling the market for virtual power plants (VPP).
France-headquartered independent power producer (IPP) Neoen has given system integrator Nidec ASI the green light to start work on a 40MW battery storage unit in Sweden, Neoen’s first in the country.
International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany.
