Renewable energy company Arevon has secured a US$400 million loan facility from two banks for its solar and energy storage pipeline in the Midwest, Southeast and California.

Canadian Solar was behind a successful bid in Chile’s July auction with 253MWp of solar PV and 1GWh battery energy storage.

High cost and material availability are the main non-technical barriers to energy storage deployment at the scale needed, according to a new report from MIT.

VFlowTech, a Singapore-based vanadium redox flow battery manufacturer, has signed an MoU with global liquid storage logistics group Advario.

Pilot production has been established by an Australian company making lithium-ion battery storage solutions designed for hot climates.

Another edition of our news in brief from around the world in energy storage.

Compressed air long-duration energy storage (A-CAES) solution provider Hydrostor has chosen Kiewit to provide engineering and design studies for its 500MW Willow Rock Energy Storage Center in California, US.

Spanish multinational Naturgy has bought a large-scale hybrid solar-plus-storage project in development in Australia.

Pumped hydro energy storage projects have received a funding boost worth a total AU$44.84 million from the government of New South Wales.

Equinor has led an investment round for a flow battery manufacturer and Uniper will carry out a megawatt-scale flow battery pilot project.