Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW.
The California Public Utilities Commission (CPUC) has approved 497MW of energy storage procured by utility Southern California Edison (SCE) to come online from August 2023 through June 2024.
Solar and energy storage were described by Elon Musk as going together “like peanut butter and jelly”. Andy Colthorpe meets some of the players creating this winning combination in the US.
With a handful of leading regions deploying grid-scale storage at a faster rate than ever, what sort of impact are these additions having so far on the problems they are intended to solve?
FreeWire Technologies, a battery-integrated EV charging solution provider, has raised US$125 million in new capital from global asset manager BlackRock and other investors.
London-listed energy storage investor Gore Street Capital CEO Alex O’Cinneide discussed its fund’s recent expansion outside UK/Ireland and which markets are most of interest, in an interview with Energy-storage.news.
The US Department of Energy Loan Programs Office has committed US$504 million to a 300GWh hydrogen storage project in Utah and another US$107 million to a graphite facility in Louisiana.
The California Public Utilities Commission (CPUC) has approved new projects by the state’s three investor-owned utilities, including nine battery energy storage system (BESS) facilities proposed by PG&E totalling 1.6GW/6.4GWh.
