Danish developer European Energy has reached financial close on the 80MWh Mokoan solar-plus-storage project in Victoria, Australia.

UBS Asset Management has secured financing for a 730MW/1,049MWh battery storage portfolio in Texas via two commercial banks.

Financing has been secured for two projects that will add nearly a gigawatt-hour of battery storage at California solar power facilities this year, by renewable energy company Terra-Gen and private asset management firm Capital Dynamics.