The US Department of Energy (DOE) has closed a US$26.5 billion loan package to two wholly owned subsidiaries of utility Southern Company, in Georgia and Alabama, US.
Honeywell, LS Electric, esVolta, Sitetracker, PairedPower, PHNXX, and Energy Toolbase are collaborating on new initiatives to advance energy storage installations across the US.
IPP Enlight Renewable Energy has received a US$773 million debt financing for its solar-plus-storage Country Acres project located near Sacramento, California, US.
EDP Renewables North America has announced a land purchase agreement for the 75MWac, 300MWh Edgeware energy storage project in St. Thomas, Ontario, CA.
Meanwhile, SolarBank has announced its first BESS in the province, with construction expected to commence 10 February.
On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion.
The US Department of Energy (DOE) has released its draft Energy Storage Strategy and Roadmap (SRM), a plan providing strategic direction and opportunities to optimise DOE’s energy storage investments ahead of the incoming Trump administration.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).
A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf Energy have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand.
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
