Consumers Energy, one of eight investor-owned utility (IOU) companies in the US state of Michigan, has signed a 100MW battery storage deal with developer Jupiter Power.
An event on Monday (24 June) celebrated the opening of two large-scale battery storage systems in the service area of Arizona utility Salt River Project (SRP), including the southwest US state’s largest project of its type to date.
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
Recurrent Energy has closed US$513 million financing on a battery storage project in Arizona, US, which has a 20-year utility tolling agreement in place.