Quebec-based IPP Boralex and Six Nations of the Grand River Development Corporation (SNGRDC) have announced the closing of a CA$202 million (US$145.12 million) financing for a 125MW/500MWh battery energy storage system (BESS) in Oxford County, Ontario, CA.
The project represents a US$128.6 million investment and is scheduled to begin construction this year, with commercial operations commencing in December 2026.
The Reno Planning Commission, in Nevada, US, recommended approval for a conditional-use permit for the 200MW Trego Grid energy storage project on 4 March.
In this news roundup, Aypa power upsizes its credit facility, Georgia Power begins construction on a 260MW BESS, and IOWN Energy on behalf of Eolus sells a 506MWh BESS to DESRI
What are the merchant opportunities in Germany, where there are almost no capacity schemes or subsidies for energy storage? A panel of expert speakers discussed the opportunities in Europe’s largest energy market on the panel at the Energy Storage Summit 2026 in London in February.
MetaWealth COO Michael Topolinski IV discussed the firm’s first BESS project in Romania, which is partially financed with bonds marketed at retail investors.
SSE Renewables, Matrix Renewables, Drax and Voltaria have all progressed large-scale BESS projects in the UK, all-in-all totalling 1.8GWh of new capacity.
