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.

Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.

Greenko, an Indian power producer creating a 24/7 renewable energy proposition has announced US$1.2 billion PHES project.

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.

Ncondezi Energy has secured a land agreement for its 300MW solar PV project in Tete, Mozambique.

Energy storage could be a powerful asset in facilitating transmission upgrades required for New York’s low carbon energy transition.

Exagen has submitted plans for a 500MW/1GWh battery storage project to Blaby District Council, in the Midlands region of England, UK.