US battery energy storage system (BESS) developer-operator Jupiter Power has closed a US$500 million senior secured green revolving loan and letter of credit facility to support the advancement of its project pipeline across the US.
“We see energy storage as an opportunity for (data centres) to reduce their impact on the grid”, said Patrick Hughes, Senior VP of Operations and Strategy at NEMA.
Long-duration energy storage (LDES) developer-operator Hydrostor has announced a strategic technology and equity agreement with energy infrastructure equipment manufacturer Baker Hughes.
Lithium-ion companies have come out as the top-rated suppliers on a new long-duration energy storage (LDES) leaderboard, while CO2 Battery company Energy Dome is the highest non-lithium company.
Power firm RWE is about to start building a 400MW/800MWh BESS project in Germany, among the largest in the country to reach the construction stage. In related news, Kyon Energy has connected a 282MWh project to the grid, possibly the largest in the country to reach that milestone.
Leading BESS owner-operators across Europe discuss the key trends around the financing and deployment of grid-scale projects, with the segment now the driver of continent-wide deployments according to trade body SolarPower Europe.
US sodium-ion (Na-ion) battery technology company Unigrid has begun international shipments of its proprietary sodium cobalt oxide (NCO) cathode cells at commercial volume.
Utility company Avista has selected projects as part of its request for proposal (RFP) process to identify new resources, including a 100MW battery energy storage system (BESS), for the Pacific Northwest, US.
Bigger, longer-duration projects and more sophisticated deal structuring are driving the energy storage industry forward, but a lack of common approaches from transmission system operators (TSOs) remains a challenge.
