IPP Enlight Renewable Energy has announced that its US subsidiary Clēnera Holdings has entered into a debt financing framework agreement for the CO Bar Complex in Arizona, US.
UK energy regulator Ofgem has shortlisted 16 projects for the first ever long-duration energy storage (LDES) cap-and-floor scheme, totalling 7.6GW of capacity ranging from 8- to 22-hour durations.
In this US news roundup, e-Storage, Spearmint Energy, and OCI Energy advance battery energy storage system (BESS) projects and financing in Michigan and Texas.
Sodium-ion BESS startup Moonwatt expects the battery chemistry to reach price cost parity with lithium iron phosphate (LFP) in the next two or three years, according to its CCO, Valentin Rota.