On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.

The US Department of Energy’s (DOE) Loan Programs Office (LPO) has committed US$584.5 million to Convergent Energy and Power to build solar and battery energy storage systems (BESS) in Puerto Rico.

We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.

A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power.

PG&E presents 75MW of energy storage contracts to CPUC, AMS appoints Alain Steven as CTO, Wattstor installs UK’s ‘first’ non-toxic saltwater battery storage system.