On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
Project owners BSTOR and Energy Solutions Group have started building separate BESS projects totalling 440MWh of capacity in Belgium, following financial close, both of which will use Tesla Megapacks.
Masdar has announced preferred suppliers and contractors for its 5.2GW solar PV and 19GWh battery storage project in Abu Dhabi, United Arab Emirates (UAE).
Africa’s energy storage market has seen a boom since 2017, having risen from 31MWh to 1,600MWh in 2024, according to trade body AFSIA Solar’s latest report.
Lumea, the commercial arm of Australian transmission system operator Transgrid, has commenced grid works to connect the 1.6GWh Melbourne Renewable Energy Hub (MREH) in Victoria, Australia.
The Central-West Orana Renewable Energy Zone (REZ) in New South Wales, Australia, has increased in size, now allowing 7.7GW of renewable energy generation and energy storage capacity to connect to it.
New Mexico, US utility Kit Carson Electric Cooperative (KCEC) has received US$231 million from the US Department of Agriculture (USDA) to build hydrogen and solar facilities with long-duration energy storage (LDES).
Days before Donald Trump’s presidential inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) has announced US$22.92 billion in loans across eight projects.
System integrator Powin contributes to the latest of our Year in Review series, after a year in which it expanded into Europe and launched a new BESS product.