Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.

rPlus Energies has signed a long-term power purchase agreement (PPA) for 400MWac/200MW solar-plus-storage project in Emery County, Utah.

LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.

Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.

Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.

Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.

Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.

Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, has won a contract to deploy 5.4GWh of battery energy storage systems in its home market.

Australia’s budget includes nearly AU$25 billion for clean energy to ease cost of living pressures as well as help fight climate change.

Solar energy companby KarmSolar has secured US$2.4 million in bank financing for a solar-plus-storage project in Egypt.