System integrator and project developer On.Energy has closed a US$77.6 million construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua battery energy storage system (BESS) portfolio.

Energy storage developer NineDot has announced the closing of a US$65 million equipment financing supporting the purchase of up to 100MW/400MWh of batteries for use in up to 20 battery storage projects across New York City, New York, US.

Developer Boralex and its partner Walpole Island First Nation have announced a CA$172 million (US$119 million) financing for the 80MW/320MWh Tilbury battery energy storage system (BESS).

US battery storage developer Key Capture Energy (KCE) has begun commercial operations for two 100MW battery energy storage system (BESS) projects in Texas.

Developer-operator Aypa Power has closed a US$190 million financing for the 200MW/400MWh Bypass BESS project.

IPP Enlight Renewable Energy has announced financing for the 290MWdc/940MWh solar-plus-storage Roadrunner project near Tucson, Arizona.

Developer Boralex and its partner Six Nations of the Grand River Development Corporation (SNGRDC) have closed the CA$538 (US$372.82) million financing of a 300MW/1,200MWh BESS park.

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.

“This solution is fully bankable and financeable in the States,” says Terry Chen, VP of Trina Solar North America.

A total of US$17.6 billion was invested in the energy storage industry across 83 announced deals in the first nine months of the year, according to comms and market intelligence firm Mercom.