Renewable energy company Arevon has secured a US$400 million loan facility from two banks for its solar and energy storage pipeline in the Midwest, Southeast and California.

Another edition of our news in brief from around the world in energy storage.

Compressed air long-duration energy storage (A-CAES) solution provider Hydrostor has chosen Kiewit to provide engineering and design studies for its 500MW Willow Rock Energy Storage Center in California, US.

New legislation in California could open pathways for easier siting of energy storage projects by making changes to zoning laws.

EDF Renewables North America has fully commissioned Palen Solar, a multi-stage solar PV project on public lands in California.

A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California.

Gravity-based energy storage company Energy Vault will deliver and optimise battery energy storage systems (BESS) totalling 220MWh for developer Jupiter Power in Texas and California.

California investor-owned utility SDG&E has chosen Mitsubishi Power as supplier of battery storage to four microgrids in its service area.

Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.

Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.