Developer and operator esVolta has completed a preferred equity transaction with investor Captona for three BESS in Texas, US, while GridStor has bought a 400MWh project in Arizona.
The US Department of Energy (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to utility Arizona Public Service (APS), the first part of which would go towards a 600MWh BESS.
US outgoing President Joe Biden has signed a bi-partisan bill into law allowing Arizona utility Salt River Project (SRP) to move forward with a pumped hydro energy storage project.
The US Department of Agriculture (USDA) has announced US$4.37 billion in clean energy investments for rural utilities through the Empowering Rural America (New ERA) programme.
Canadian-headquartered developer-operator Aypa Power announced successful close of a US$398 million financing package for the 250MW/1,000MWh Pediment BESS project.
A flurry of big solar and storage project news in the US, with Pine Gate Renewables having a huge project approved in Oregon, Avantus signing a PPA for one in Arizona with utility APS and Arevon completing one in California.
US renewable energy developer, Longroad Energy announced financial close of 111MWdc solar and 85MWac/340MWh storage project Sun Pond in Maricopa County, Arizona 4 December.