The US Department of Energy (DOE) has closed a US$489.4 million loan to Amanecer Puerto Rico, a subsidiary of developer Pattern Energy to support Puerto Rico’s electric grid.
Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.
Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.