An event on Monday (24 June) celebrated the opening of two large-scale battery storage systems in the service area of Arizona utility Salt River Project (SRP), including the southwest US state’s largest project of its type to date.
The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told Energy-Storage.news.
Startup Capalo AI will optimise a Finland BESS project owned by investor Ardian while Merus Power, which is providing the BESS for that project, has received a separate order from Switzerland’s Alpiq for a similarly sized one.
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.
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.
