LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.
Renalfa IPP has secured a €315 million (US$367 million) financing package from an EBRD-led consortium to support a 1.6GW renewables, 3.3GWh BESS rollout in Bulgaria, Hungary, Romania, and North Macedonia.
California’s largest electric utility is continuing its push to establish a net-zero energy system by 2040, finalising an offtake agreement for 1.8GWh of battery storage capacity with Aypa Power.
Greater deployment of renewable energy and battery storage in Illinois would help mitigate soaring costs of capacity market auctions in PJM Interconnection territory.
RM Funds has proposed a meeting of it and other Gore Street Energy Storage Fund (GSF) investors to discuss changes to the board following ‘sustained underperformance’, it said.
