Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.
Serentica Renewables has commissioned the first phase of a battery storage project that will help deliver round-the-clock (RTC) renewable energy in Rajasthan, India.
The US Department of Energy (DOE) has closed a US$489.4 million loan to Amanecer Puerto Rico, a subsidiary of developer Pattern Energy to support Puerto Rico’s electric grid.
The German regulator BNetzA’s latest draft decision on grid fees from 4 August 2029 onwards still leaves uncertainty for energy storage project business cases.
The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.
There is an opportunity for locally designed and manufactured BESS solutions in Europe, with the possibility of future EU controls of Chinese imports, former head of BESS products at Northvolt said.
A US court has upheld a Federal Energy Regulatory Commission (FERC) plan to speed up the permitting process for connecting energy projects to the grid.
