Portugal has selected 43 winning BESS projects for a share of €100 million (US$105 million) in EU grants while, on the other side of Europe, Moldova has launched a 75MW BESS procurement with funding from USAID.
Quinbrook Infrastructure Partners has secured AU$722 million (US$452 million) in debt financing for the first two stages of its ‘Supernode’ energy storage project in Queensland, Australia.
Developer-operator GridStor has acquired a battery energy storage system (BESS) project in Oklahoma, US totalling 200MW/800MWh from Black Mountain Energy Storage (BMES).
D. E. Shaw Renewable Investments is seeking a loan from the North American Development Bank (NADBank) towards the construction of a 150MW hybrid solar and BESS project in Doña Ana County, New Mexico.
The UK saw a slowdown in both BESS installations and submitted applications in 2024, while applications in Ireland grew by capacity, writes PV Tech Research analyst Charlotte Gisbourne.
On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
Project owners BSTOR and Energy Solutions Group have started building separate BESS projects totalling 440MWh of capacity in Belgium, following financial close, both of which will use Tesla Megapacks.
Masdar has announced preferred suppliers and contractors for its 5.2GW solar PV and 19GWh battery storage project in Abu Dhabi, United Arab Emirates (UAE).
New Mexico, US utility Kit Carson Electric Cooperative (KCEC) has received US$231 million from the US Department of Agriculture (USDA) to build hydrogen and solar facilities with long-duration energy storage (LDES).
