UK-headquartered NextEnergy Capital has acquired six standalone battery storage and six solar PV projects in Greece.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.

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.