Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.
Google’s smart home division has joined a group of companies including Ford, Sunpower and Sunrun in founding a new partnership centred around scaling the market for virtual power plants (VPP).
International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany.
New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week’s time.
