Energy storage developer NineDot Energy closes US$431 million in construction financing for New York BESS projects. Meanwhile, US energy efficiency and renewables company Ameresco completes multiple tax credit transfer and financing transactions for solar PV and BESS.
On 19 December, a fire occurred at energy storage developer Convergent Energy & Power’s Church Street Battery Storage Facility in Warwick, New York, US.
The board of trustees for New York Power Authority (NYPA) last week gave the greenlight for the public power organisation to develop an additional 1.2GW of storage as part of its renewed Strategic Plan for New Renewable Energy Generation.
In this Energy-Storage.news roundup, Energy Vault enters the Swiss energy storage market, ZincFive raises Series F financing, and Convergent Energy and Power secures a multimillion-dollar facility provided by NY Green Bank.
Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.
The Town of Ulster in New York has received a request from local officials of the neighbouring town of Hurley to temporarily suspend the permitting process of a 250MW/1,000MWh BESS project under development by independent power producer (IPP) Terra-Gen.
US Environmental Protection Agency (EPA) Administrator Lee Zeldin recently held a press conference in Hauppauge, New York, to address the concerns of battery energy storage system (BESS) installations with Long Islanders.
