Independent power producer (IPP) Clearway Energy has closed US$421 million in financing for the 147MW/588MWh four-hour Rosamund Central Battery Energy Storage System (BESS) in Kern County, California.

Access to grid services markets could be a critical part of enabling wider adoption of solar PV and battery storage for low-income households, partners behind a new programme in California have said.

NHOA Energy’s EBITDA for H1 2023 dropped by 38.8% year-on-year to €1.11 million (US$1.23 million) but the company expected the EBITDA for 2023 to reach up to €10 million.

Our mid-year series continues with a look back at all 12 Guest Blogs published during the first six months of this year.

Leap, a provider of software to aggregate distributed energy resources into VPPs, has raised US$12 million equity investments.

The backing of new Electricity Market Design proposals by the European Parliament is welcome, but the plan still falls short in its support for energy storage technologies.

EV and energy storage giant Tesla saw a slight quarter-on-quarter dip in energy storage deployments in Q2 to 3.7GWh, although annual growth was strong at 222%.

Corporate funding into battery storage companies rebounded in Q2, but remains lower than in 2022 or 2021 so far.

A US$12 million Series B2 has been raised by California-based battery analytics firm Peaxy, which specialises in “first mile data challenges”, a spokesperson told Energy-Storage.news.

New South Wales has granted planning approval for battery energy storage system projects in the Australian state’s Renewable Energy Zones.