Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.

After local opposition to the construction of a new gas peaker plant in Oxnard, California, a battery storage plant that was chosen instead has gone online just nine months after construction began.

While it is better known for putting lithium-ion batteries in phones, tablets and computers, consumer technology company Apple said it is building a 240MWh battery energy storage system (BESS) at a solar PV plant in California.