We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.
The Planning and Development Services Department at California’s Imperial County has prepared initial environmental assessment documents for a 800MW hybrid solar and BESS facility proposed by developer RAI Energy.
Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
US-based sodium-ion BESS startup Peak Energy has opened a battery cell engineering centre in Broomfield, Colorado, in partnership with the Colorado Office of Economic Development and International Trade (OEDIT).
A flurry of big solar and storage project news in the US, with Pine Gate Renewables having a huge project approved in Oregon, Avantus signing a PPA for one in Arizona with utility APS and Arevon completing one in California.
A roundup of energy storage news from across the EU, involving Polar Night Energy’s ‘Sand Battery’ in Finland, GazelEnergie and Q Energy in France, and Spain’s MITECO awarding financial support to 45 projects.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
Investor-owned utility (IOU) Southern California Edison (SCE) is seeking regulatory approval of resource adequacy (RA) contracts covering 620MW of BESS capacity across three projects.
A large-scale hybrid project has been connected to the grid in China, combining BESS and supercapacitor technology to provide numerous services to the grid including black start.
