Developer-operator TransGrid Energy has successfully secured over US$1.4 billion in financing for two battery energy storage (BESS) projects located in Arizona, US, with a combined capacity of 450MW/1,800MWh.

IPPs BrightNight and Cordelio have announced a new power purchase agreement (PPA) for a 300MW solar and 1,200MWh battery energy storage system (BESS) facility with utility Arizona Public Service (APS), in Arizona, US.

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.

IPP Enlight Renewable Energy has announced financing for the 290MWdc/940MWh solar-plus-storage Roadrunner project near Tucson, Arizona.

American Battery Factory (ABF) has partnered with KAN Battery to pilot a line of lithium iron phosphate (LFP) battery cells.

IPP Enlight Renewable Energy has completed commissioning its flagship Atrisco solar and energy storage project in New Mexico, US.

Canadian-headquartered developer-operator Aypa Power announced successful close of a US$398 million financing package for the 250MW/1,000MWh Pediment BESS project.