Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.

New company Lunas Energy has launched an offer for solar PV plant operators in Spain to deploy BESS on their land, as the sector struggles with curtailment and negative pricing.

A pension fund will join the EBRD and EU Modernisation Fund in investing around €16 million (US$18.5 million) in a project on Croatia pairing large-scale BESS and a VPP.

Calibrant Energy will deliver a 31MW/62MWh battery energy storage system (BESS) at Aligned Data Centres’ campus in the Pacific Northwest area of the US.

The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.

Tetchi Capellan, a pioneer of solar PV in the Philippines, discusses the country’s crucial turning point in its adoption of energy storage.

It has become harder to finance BESS projects in the US, according to Ronak Maheshwari, a director at CRC-IB.

Recurrent Energy has closed a construction financing for an energy storage project in Arizona. Meanwhile, Cypress Creek Renewables has reached financial close for its solar-plus-storage project in Colorado.

A roundup of large-scale European BESS project news, with Principia completing a project in Greece, Repono buying one in Romania, Kyon choosing optimisers for two in Germany and Voltalia and NGEN targeting Portugal.

Ameresco has put Arizona’s largest behind-the-meter battery energy storage system (BESS) into operation, meanwhile Alliant Energy has begun operating Wisconsin’s largest BESS to-date.