The Asian Development Bank (ADB) will lend the Georgia government US$104 million to support a transmission-connected battery energy storage system (BESS) project.
Energy storage developer and system integrator Energy Vault has closed on US$28 million in project financing for the Calistoga Resiliency Centre (CRC) located in California, US.
The California Energy Commission (CEC) has published an environmental impact report (EIR) for a huge 4.6GWh co-located BESS and solar project spread across 9,500 acres of land in Western Fresno County under development by US-based independent power producer (IPP) Intersect Power.
New Mexico, US utility Kit Carson Electric Cooperative (KCEC) has received US$231 million from the US Department of Agriculture (USDA) to build hydrogen and solar facilities with long-duration energy storage (LDES).
Renewable energy developer and retail utility ZEN Energy has partnered with HD Renewable Energy (HDRE) to focus on developing energy storage and green hydrogen projects in Australia, Taiwan, and potentially Japan.
The US government’s launch of the Regional Clean Hydrogen Hubs program, with a staggering $7 billion investment, marks a critical moment for the green hydrogen industry.
Australian utility Origin Energy is set to focus on energy storage and renewable energy generation, announcing last week it will exit the hydrogen market.
Illinois can address its resource adequacy shortfall by replacing the US state’s retiring fossil fuel plants with 2,972MW of energy storage, and without significant transmission upgrades.
