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.

IPP Lydian Energy has secured US$689 million in financing for two solar projects and a battery energy storage system (BESS) project in New Mexico, Texas, and Utah, US.

IPP Lydian Energy has successfully closed on a US$233 million project financing for three battery energy storage system (BESS) projects in Texas, US.