PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.

Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.

Renewable energy power producers Scatec has started building three co-located solar projects with 1.1 GW hours of energy storage in South Africa, after achieving financial close.

US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.

Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.

Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.

The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.

Convergent Energy + Power has signed a PPA with Puerto Rico Electric Power Authority for output from a solar-plus-storage power plant.

Power project developer Ncondezi Energy has launched a feasibility study for a 300MW solar PV plant with battery storage, in Mozambique.

Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.