System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.
The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
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.
Energy storage developer NineDot has announced the closing of a US$65 million equipment financing supporting the purchase of up to 100MW/400MWh of batteries for use in up to 20 battery storage projects across New York City, New York, US.
Speaking with Energy-Storage.news, North American lithium-ion battery recycling specialist Li-Cycle said that battery recycling will help the US become less reliant on foreign imports and “help bolster energy independence and national security.”
Developer ESA Solar has announced successful permitting of the Salzburg Battery Storage Project, a 150MW/600MWh standalone battery energy storage system (BESS) in Midland Township, Michigan, US.
Renewable energy developer ACE Power has submitted its 3.6GWh 4-hour duration Nebo battery energy storage system (BESS) in Queensland to the Australian government seeking approval under its Environment Protection and Biodiversity Conservation (EPBC) Act.
Singapore-headquartered renewable energy producer Vena Energy has added a 41.5MW battery energy storage system (BESS) to an existing 87MW solar PV power plant in South Australia.
