Energy storage developer-operator Aypa Power has secured a US$1.05 billion credit facility, upsizing its corporate credit facility closed in July of 2024, to accelerate the deployment of its pipeline.
Power generation and trading company Vattenfall has signed a seven-year, 55MW multi-project BESS tolling deal in Germany with owner-operator and virtual aggregator Terralayr.
US residential solar installer Sunrun’s virtual power plant (VPP) in California has more than quadrupled in size from 2024 to support the state’s grid as summer weather begins.
Second life BESS firm Evyon has merged with EV charging infrastructure provider Elywhere, in a partnership centred around the battery technology core to both Norway-based businesses.
Power generation and energy trading firm DTEK Group is targeting up to 500MW of BESS deployments in Ukraine, which it said are ‘key priority in order to ensure Ukrainian energy security’ in light of Russia’s attacks on its energy system.
Clean energy trade body ACP announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and buying American-made grid batteries.