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On.Energy closes US$77 million for 160MWh Texas BESS portfolio
January 29, 2025
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.
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Spearmint Energy secures US$450 million for 600MWh Texas BESS project
CATL supplying 1.5GWh for Grenergy’s long-term tolled Spanish BESS projects
California Energy Commission approves 3.2GWh BESS project through Newsom’s accelerated permitting scheme
BloombergNEF ups BESS forecast as renewables add resilience from fossil fuel price shocks
ERCOT incentivises grid-forming BESS with US$25 million programme
German government confirms August 2029 grid fee exemption date for storage, but sets 2027 FID deadline
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The Impact of Germany’s Ramp Constraints and Grid Limitations on the Energy Storage Business Case
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