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.

Rankings by EY of the most attractive markets for renewable energy investment include battery storage, with US, China and UK as frontrunners.

US-headquartered battery storage system integrator and manufacturer Powin has signed a multi-year, 15GWh deal for the supply of battery cells with China’s Eve Energy.

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.

NV Energy is seeking approval from the Public Utilities Commission of Nevada of its 2024 IRP which it submitted on 31 May 2024.

NHOA Energy signed an agreement with Statkraft to supply a battery energy storage systems (BESS) for a 113MWh project in Coylton, Scotland.

A 25MW/55MWh battery energy storage system (BESS) has been commissioned by operator Renalfa IPP, using technology provided by Chinese firms Hithium and Kehua.

TWAICE has partnered with NARDAC to bolster insurance coverage for battery energy storage system (BESS) asset owners, investors and lenders.

Jupiter Power has unveiled plans to construct a 700MW standalone battery energy storage system (BESS) facility at the site of a former oil depot previously owned by ExxonMobil in Everett, Massachusetts.

Octopus Energy’s head of flexibility discussed its tolling deal with Gresham House for nearly 1GWh of BESS projects, including how they will fit into its VPP portfolio and whether their energy market activity could change under its control.