Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.

The Texas, US state senate has passed a bill aimed at limiting renewables and encouraging natural gas production.

IPP Northland Power has achieved financial close for the 80MW/160MWh Jurassic battery energy storage system (BESS) project in Cypress County, Alberta, CA.

Tariffs announced on ‘Liberation Day’ have already caused battery storage project deals to fall through in the US, Energy-Storage.news has heard.

ACE Power has announced that the Australian government has permitted the development of 5.6GWh of BESS in Queensland.

Samsung C&T Renewable Energy Australia has submitted plans for a 320MWh battery storage system in New South Wales to Australia’s EPBC Act.

Flow battery developer XL Batteries has commissioned its first organic flow battery through a pilot project with global storage provider Stolthaven Terminals.

The first two phases of Latin America’s ‘biggest’ solar-plus-storage project, Oasis de Atacama, have been commissioned in Antofagasta, Chile.

UK regulator Ofgem has launched a cap and floor investment support scheme to unlock funding for new Long Duration Electricity Storage (LDES).

Rob Hills, APAC vice-president of engineering and commissioning, Fluence, said: “A lot of stars need to align” for BESS as virtual transmission.