Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.

IPPs BrightNight and Cordelio have announced a new power purchase agreement (PPA) for a 300MW solar and 1,200MWh battery energy storage system (BESS) facility with utility Arizona Public Service (APS), in Arizona, US.

D. E. Shaw Renewable Investments is seeking a loan from the North American Development Bank (NADBank) towards the construction of a 150MW hybrid solar and BESS project in Doña Ana County, New Mexico.

Utility NV Energy has received state regulatory approval of a group of PPAs with a cumulative storage capacity exceeding 1GW as part of the investor-owned utility’s (IOU’s) 2024 Integrated Resource Plan (IRP). 

IPP Enlight Renewable Energy has announced financing for the 290MWdc/940MWh solar-plus-storage Roadrunner project near Tucson, Arizona.

IPP Enlight Renewable Energy has completed commissioning its flagship Atrisco solar and energy storage project in New Mexico, US.

Innergex Renewable Energy has closed a US$100 million bridge loan for the Hale Kuawehi battery energy storage system (BESS) project in Hawaii.

Sembcorp has successfully bid into a Solar Energy Corporation of India (SECI) tender to build a large-scale solar PV project paired with battery storage.

IPP Nofar Energy has agreed a Flexibility Purchase Agreement (FPA) for a 209MWh BESS project in Germany, the first of its kind in Continental Europe, it claimed.

The Michigan Public Service Commission (MPSC) approved an application from Consumers Energy Co. for a power purchase agreement (PPA) with Voyager Energy Storage LLC for a 100MW/400MWh battery energy storage facility.