Fengate Asset Management and Alpha Omega Power have closed a tax equity commitment with US Bancorp Impact Finance for a 400MWh BESS project in California, acquired from Origis Energy.
Public Service Company of New Mexico (PNM) is seeking regulatory approval of two Energy Storage Agreements and a Certificate of Convenience and Necessity covering 350MW of energy storage capacity across three projects.
A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf Energy have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand.
A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.
The 1,680MWh Waratah Super Battery, which completed its energisation in early September, was called upon yesterday (27 November) to prevent widespread blackouts in New South Wales, Australia.
Donald Trump has threatened to impose additional 10% tariffs on all goods from China once he takes office, which would compound existing tariffs the BESS industry already has to deal with.
Chinese EV giant BYD has launched what an executive claimed is the ‘world’s first high-performance’ sodium-ion BESS product, using its proprietary form factor Long Blade Battery cell.
