Zinc hybrid cathode battery and storage system maker Eos Energy has received its second loan advance from the US Department of Energy’s (DOE’s) Loan Programs Office (LPO).
Private equity firm KKR investment vehicle ContourGloblal has acquired BESS projects in Italy totalling 1.6GW of power and up to 9.5GWh of capacity, with an eye on the MACSE auctions in September.
The International Finance Corporation (IFC) will loan IR4.6 billion (US$55 million) to infrastructure investor IndiGrid for a standalone battery storage project in Gujarat, India.
Gamuda has partnered with landowners for a 1.2GW renewable energy and energy storage portfolio in Tasmania, Australia, which includes up to 600MW of energy storage capacity.
In Texas, Vitis Energy announces financial close of the Apache Hill Energy Centre while Enertis Applus+ provides independent engineering services for Excelsior Energy Capital.
Idaho Power’s updated integrated resource plan adds more solar, wind and energy storage than gas generation, while Public Service Company of New Mexico gets 450MW of solar and storage added to its resource application.
Evolving market dynamics in ERCOT and CAISO, the two leading US electricity markets for battery storage, call for smart optimisation strategies, write Ali Karimian and Alden Phinney of GridBeyond.
