Blackstone portfolio company Aypa Power has closed an US$88 million construction and term loan facility for Wolf Tank, a 173MWh standalone energy storage project in Texas.
Construction of the first phase of what has been described as California’s biggest hybrid renewables-plus-storage project got underway earlier this month.
Construction has begun on more than a gigawatt of large-scale renewable energy projects with battery storage attached in Texas, by Enel Green Power North America, the regional renewable and clean energy arm of European utility Enel.
Peer-to-peer (P2P) energy trading using distributed battery storage in Japanese households could be a scalable business once prohibitive rules change in a couple of years’ time, a provider of renewable energy equipment in the country has said.
