The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.
Genera PR, the company operating the majority of Puerto Rico’s energy generation resources, has begun construction on a 52MW battery energy storage system (BESS) at the Cambalache Power Plant in Arecibo.
BYD and Skysense, a Mexico-based developer of solar, storage and green hydrogen projects, announced an alliance for the implementation of 300 MWh of energy storage in Mexico and Latin America.
Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.
Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.
Propwr, a division of ProPetro, has secured a long-term power supply contract to commit 60MW of energy to support a hyperscaler data centre operator in the Midwest region of the US.
IPPs Greenvolt and European Energy have finalised financial deals for solar-plus-storage projects in Denmark and Latvia, while Olana and Energix have enlisted optimisers for BESS projects in Lithuania and Poland, respectively.
German solar inverter manufacturer SMA has officially launched its system integrator subsidiary in Australia, with work underway on two battery storage projects.
