On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.
Mercedes-Benz is supplying second-life batteries for Canadian startup Moment Energy’s energy storage solution (ESS), the automotive player’s second such deal in three months.
Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.