US tax equity syndicator Foss & Company has closed a US$58 million partnership flip transaction to finance an energy storage project in Hidalgo County, Texas, developed by GridStor.

Independent power producer (IPP) Clearway Energy has added 210MW of energy storage capacity to its Honeycomb Energy Centre fleet in Southern Utah, US.

Big names in the downstream battery storage market have signed up to join an initiative aimed at simplifying BESS procurement.  

Valo, the new joint venture formed as a continuation of Wärtsilä’s energy storage business, is weighing up investing in the US supply chain, including factories.   

Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.

Power group Engie has put an 142MW/802MWh BESS project in Chile into operation, while IPP Grenergy has secured financing for the fifth and final stage of its Oasis de Atacama solar-plus-storage project.

Distributed energy resource (DER) platform Voltus has raised US$225 million in an oversubscribed Series D financing round and is looking to expand in the US and Canada.

The Australian Energy Regulator (AER) has remade two revenue determinations for the Waratah Super Battery in New South Wales.

Another edition of our BESS Industry Buzz, taking a look at what’s got industry people talking in the corridors of social media. 

Intilion has just tied up with CATL for sodium-ion BESS deployments in Europe, following Alfen’s similar move in July, while Merus Power tells us it is in the process of integrating with the OEM’s new product.