Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.

Carlyle Portfolio Company-owned developer Copia Power has closed a US$1.71 billion debt facility to fund construction of its Maricopa Energy Centre Projects.

Billion Watts Technologies, the solar and energy storage subsidiary of Taiwan’s Billion Electric, has completed a 64MW/262.43MWh battery energy storage system (BESS) in central Taiwan.

IPP Clearway Energy Group has closed financing and started construction on its 1,280MWh Honeycomb battery energy storage system (BESS) portfolio in Utah, US.

US solar and storage developer Adapture Renewables has acquired a hybrid 110MW solar and 110MW battery energy storage system (BESS) project from Samsung C&T Renewables.

Two electric utilities in the US state of Tennessee are launching RFPs for new solar and storage projects.

Solar PV and battery energy storage system (BESS) firm Canadian Solar has secured battery supply agreements and long-term service agreements through its subsidiary e-Storage for two US BESS projects developed by Aypa Power, in the ERCOT and California markets.

Neoen’s Australia-based energy storage assets have helped boost the company’s 2024 storage revenue by 66% year-on-year.

China-based lithium-ion OEM Gotion has launched a 7MWh BESS DC block product and claims over 7GWh of deals already.

Quinbrook Infrastructure Partners has announced a new 8-hour duration BESS set for the Australian market as part of a collaboration with CATL.