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.
Battery energy storage systems (BESS) operating in California’s grid left approximately US$98 million on the table due to suboptimal bidding strategies, according to a new analysis from Gridmatic.
Developer New Leaf Energy withdrew its application for a battery energy storage system (BESS) in Santa Cruz County, California, US, choosing to seek approval through the California Energy Commission (CEC).
Two recent microgrid projects highlight the expanding role of flow batteries, with Quino Energy deploying organic flow batteries in the Maldives and the Paskenta Band of Nomlaki Indians integrating zinc hybrid cathode storage in Northern California.
LS Power-owned REV Renewables and US development and investment company LS Power have commissioned the Tumbleweed Energy Storage facility in Kern County, California, US.