Developer Peregrine Energy Solutions has raised US$700 million in credit, equity and debt to go towards its US pipeline of energy storage, solar and wind projects.

Norwegian state-owned power producer Statkraft has enlisted system integrator Fluence for a 50MW, transmission system-connected battery energy storage system (BESS) in the UK.

Israel-based renewable energy firm Enlight’s US subsidiary Clēnera has signed a 20-year power purchase (PPA) with utility Arizona Public Service (APS) for a solar-plus-storage project.

New York’s governor Kathy Hochul has welcomed the start of commercial operations at the US state’s first BESS project in public ownership.

Vanadium producer Largo Inc has appointed financial advisors to undertake a “strategic review” of its downstream energy storage deployment arm Largo Clean Energy.

Just over a year ago, the passing of the Inflation Reduction Act brought in what has been considered the biggest legislative action on climate seen in the US.

Wind and solar park operator Encavis has acquired a solar-plus-storage project with a 12MW/24MWh battery storage unit, set to come online in the first half of 2024.

Sumitomo Electric will supply an 8-hour duration vanadium redox flow battery (VRFB) to a recently-established municipal power company in Niigata, Japan.

Total installed battery storage capacity in the US reached 12.689GW by the end of the second quarter, S&P said.

UAE-based renewable energy developer AMEA Power has signed a long-term PPA with the national utility of Djibouti for a 25MW solar PV plus battery storage unit.