Excelsior Energy Capital-backed developer Lydian Energy has brought its 150MW/600MWh Faraday battery energy storage system (BESS) project in Utah County, Utah, US into commercial operation.
Calibrant Energy, an energy-as-a-service platform, has closed a US$145 million debt facility for solar and energy storage projects across several US power markets.
Derrick Flakoll, senior policy associate for North America at BloombergNEF, has offered a more measured take on how the Democrats’ midterm victories could affect the battery energy storage system (BESS) sector.
Democrats scored major victories in the US Midterm elections, taking both the House and Senate and flipping several long-held Republican strongholds, with changes likely to occur in the clean energy sector.
South Korean battery giant LG Energy Solution (LG ES) has signed a non-binding memorandum of understanding (MOU) with owner-operator Energix-Renewable Energies to expand collaboration on energy storage projects in Europe and the US.