The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for a loan of up to US$15 billion to California utility Pacific Gas & Electric Company (PG&E).
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.
A flurry of grid-scale energy storage news from Europe, with large-scale projects progressed in Kosovo, Switzerland and Croatia involving Millenium Challenge Corporation, Intilion and NGEN respectively.
Sembcorp has successfully bid into a Solar Energy Corporation of India (SECI) tender to build a large-scale solar PV project paired with battery storage.
Lightsource bp has selected Hithium as the supplier of battery storage technology for a 222MW/640MWh solar co-located project in Queensland, Australia.
French independent power producer (IPP) Neoen has secured AU$1.4 billion (US$890 million) in capital to help fund energy storage and solar PV projects in Australia.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).
Developer Boralex and its partner Six Nations of the Grand River Development Corporation (SNGRDC) have closed the CA$538 (US$372.82) million financing of a 300MW/1,200MWh BESS park.
We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.
