The Canadian Province of Prince Edward Island’s PEI Energy Corporation (PEIEC) has issued a request for expressions of interest (REOI) for a 10-50MW, four-hour duration battery energy storage system (BESS).
Quebec-based IPP Boralex and Six Nations of the Grand River Development Corporation (SNGRDC) have announced the closing of a CA$202 million (US$145.12 million) financing for a 125MW/500MWh battery energy storage system (BESS) in Oxford County, Ontario, CA.
In this news roundup, Aypa power upsizes its credit facility, Georgia Power begins construction on a 260MW BESS, and IOWN Energy on behalf of Eolus sells a 506MWh BESS to DESRI
EnerVenue, the US company commercialising technology adapted from nickel-hydrogen batteries, has closed a US$300 million extension of its Series B preferred stock financing round.
Climate Energy Finance’s Tim Buckley argues that geopolitical instability exposes Australia’s oil dependency and positions the country as a safe haven for international renewable energy capital.
As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.
The New Jersey Board of Public Utilities (NJBPU) has selected developer and IPP Elevate Renewables’ 600MWh battery energy storage system (BESS) for development in Ridgefield, New Jersey, US.
Enefit, the electricity business of state-owned Estonian utility and power generator Eesti Energia AS, will build three new battery energy storage systems (BESS) in Lithuania, with a combined capacity of 46MW/184MWh.
