Developer Terra-Gen has closed US$969 million in project financing for the second phase of Edwards Sanborn Solar-plus-Storage facility in California, which will bring it to 3,291MWh of energy storage capacity.

Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.

Neoen has proposed building a gigawatt-scale BESS in a region of Australia with close and continuing ties to the coal industry.

Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a series of grid-connected projects.

This edition of news in brief comes from another busy week for our colleagues covering the UK energy transition.

Aquila Capital will acquire a pipeline of large-scale battery storage projects in development in Australia, from Spain’s Gransolar Group.

Pattern Energy has achieved financial close on an offshore wind project in northern Japan to include a 100MW battery energy storage system.

Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.