Renewables developer D. E. Shaw Renewable Investments (DESRI) and Ford Motor Company’s energy storage subsidiary, Ford Energy, will partner to deploy energy storage in the US.
Norges Bank Investment Management (NBIM), the asset management unit of the central bank of Norway, has acquired a 10% interest in North American battery storage developer-operator Aypa Power.
EnergyAustralia has taken delivery of the final battery storage units for its 50MW/250MWh Hallett BESS in South Australia, as construction continues at the site.
US retail giant Walmart has made a strategic investment in home battery storage firm Base Power, while Sunrun has doubled the size of its home battery VPP in Puerto Rico.
Democrats scored major victories in the US Midterm elections, taking both the House and Senate and flipping several long-held Republican strongholds, with changes likely to occur in the clean energy sector.
BESS owner-operator Return has secured an €835 million (US$938 million) portfolio financing underwritten by Deutsche Bank and Rabobank to expand its BESS activities in Germany.
The Democrats have won the House and the Senate in the US Midterm elections, dealing a blow to the Trump administration and sending Chinese and Korean battery share prices upwards.
