System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.
Engineering group Gamuda and infrastructure developer Ferrovial have been signed up in an early contractor involvement (ECI) deal for a 12GWh pumped hydro energy storage (PHES) project being developed in Queensland.
TotalEnergies, a French energy major, is seeking approval from the federal government’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 320MW solar-plus-storage site in New South Wales, Australia.
Developers looking to build new BESS facilities in Canada’s capital will have to adhere to stricter regulations, following the approval of amendments to the city’s planning and zoning laws by Ottawa’s Agriculture and Rural Affairs Committee during a recent meeting (23 January).
The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
Developer and operator esVolta has completed a preferred equity transaction with investor Captona for three BESS in Texas, US, while GridStor has bought a 400MWh project in Arizona.
We round up the last two months of BESS action in the GB (Great Britain) market, including project approvals, construction and applications, taken from the pages of our sister site Solar Power Portal.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
