Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.
Developer Avantus has closed a financing package of over US$300 million for the 100MWac/130MWdc solar, 400MWh BESS Kitt Solar and Energy Storage Project in Pinal County, Arizona, US.
Power company AES Corporation has completed construction of the 1,000MW Bellefield 1 project in Kern County, California. The project includes 500MW of solar and 500MW/2,000MWh of battery storage.
Optimiser GridBeyond has been selected to provide scheduling coordinator, trading and energy optimisation services to UK-headquartered BESS investor Gore Street Energy Storage Fund’s (GSF) 200MW Big Rock US project.
UK-headquartered battery storage investor-developer Gore Street Energy Fund (GSF) has completed energisation of the 200MW/400MWh Big Rock battery energy storage system (BESS) project in California, US.
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.
The planning department in Imperial County, California, has progressed a solar-and-storage project from developer Avantus, which could total 500MW of solar and 500MW of BESS.