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.  

Samsung C&T’s Australian renewables arm has referred an 800MWh battery energy storage system (BESS) in Victoria’s Gippsland region to the federal government under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

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.

ACE and the IEA say the main obstacles to battery energy storage system (BESS) deployment in Southeast Asia are policy and market rules.

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. 

Finland is the Nordic region’s most-talked-about market for the moment, with project deals and other battery storage development activity from local and international players.  

Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).