Peak Energy president and CCO Cameron Dales speaks with Energy-Storage.news about the US startup’s plans for scaling sodium-ion battery storage and cell manufacturing, sodium-ion’s advantages, and the bankability of the technology.

Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.

Developer Upstream Energy has negotiated a resource adequacy (RA) agreement with California community choice aggregator (CCA) Clean Power Alliance (CPA) associated with the developer’s standalone Olinda BESS project located in Los Angeles County, California.

The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.

IPP Enlight Renewable Energy has completed commissioning its flagship Atrisco solar and energy storage project in New Mexico, US.

Long Island Power Authority (LIPA) in New York, US, has finalised contract negotiations for two large-scale BESS projects proposed by Key Capture Energy.

State-owned EPC firm China Power Construction Group (Power China) recently concluded a 16GWh BESS supply tender, which resulted in extremely low prices amidst a squeezing of market share and increased buying power from state-owned companies, an S&P analyst told Energy-Storage.news.

Engie has signed an ‘energy storage as a service’ contract with technology provider Energy Dome for a long-duration energy storage (LDES) project in Sardinia, Italy.

Innergex Renewable Energy has closed a US$100 million bridge loan for the Hale Kuawehi battery energy storage system (BESS) project in Hawaii.

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).