Broad Reach Power is the latest US battery storage industry player to announce US$100 million or more in financing over the past few weeks.

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.

News in brief from around the world in energy storage, this time with a distinctly UK flavour.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

A 50MW lithium-ion battery storage system which will form part of a transmission system-connected ‘Energy Superhub’ has been commissioned in Oxford, England, while another 100MW transmission-connected project in the country has reached financial close and is set to begin construction soon.

This expert panel from the Energy Storage Summit 2021 brought together leading figures in the finance community to discuss the different financing and business models they’ve seen, and how they expect the market to evolve for energy storage in the UK.

What are the best ways to match up long-duration energy storage technologies to applications and revenues? And what is ‘longer-duration’ storage and when will we need it? Florian Mayr and Dr Fabio Oldenburg at Apricum – The Cleantech Advisory offer some perspectives.

US community solar provider Nexamp has closed a US$440 million credit facility for a 380MW portfolio of PV and energy storage assets.

Colocating battery energy storage systems alongside renewables projects will be ‘critical’ to energy networks in the future, and could help level up debt financing.