Operators anticipate bringing an additional 54GW of battery storage capacity online over the next two and half years, according to the US Energy Information Administration (EIA).
Energy storage developer and system integrator Energy Vault has entered into a strategic agreement supporting hyperscaler AI data centres for a customer in Texas, US.
Danish investment firm Copenhagen Infrastructure Partners (CIP) has reached financial close of the La Esperanza Solar energy storage-plus-solar PV project in the state of Campeche on Mexico’s Yucatán Peninsula.
Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.
The US Department of Energy (DOE) has closed a US$489.4 million loan to Amanecer Puerto Rico, a subsidiary of developer Pattern Energy to support Puerto Rico’s electric grid.
A US court has upheld a Federal Energy Regulatory Commission (FERC) plan to speed up the permitting process for connecting energy projects to the grid.
Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.