Canadian Solar’s project development subsidiary Recurrent Energy has sold a majority stake in its 350MW / 1,400MWh Crimson energy storage project currently awaiting the start of construction in California. 

Investors in large-scale battery projects are recognising the power of software, argues Steve Hanawalt of Power Factors.

Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.

Approval has been granted for a 150MWh battery storage retrofit at a Queensland solar farm under development by Elliott Green Power Australia (EGP), a solar investment fund group currently seeking to sell off its assets and exit the industry.

Former Tesla battery guru JB Straubel’s materials recycling company Redwood Materials has attracted more than US$700 million in investment.

Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in Lancashire, a county in northern England.

Tesla Energy has begun an initiative to install its V3 solar roof tiles and Powerwall 2 residential battery storage systems for what has been dubbed a “solar neighbourhood” at homes in a new development in Austin, Texas.

Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.

Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.

Renewable energy asset management software group Power Factors will add a 100MW battery energy storage system (BESS) to its recently-launched battery storage performance management platform.