Solar PV and battery energy storage system (BESS) firm Canadian Solar has secured battery supply agreements and long-term service agreements through its subsidiary e-Storage for two US BESS projects developed by Aypa Power, in the ERCOT and California markets.
Renewable energy developer and operator Apex Clean Energy has completed a US$150 million financing with First Citizens Bank for two ERCOT, Texas battery energy storage system (BESS) projects.
A roundup of US battery storage project financing news from this week, with deals struck by SMT Energy and UBS, Plus Power, as well as CleanCapital and Available Power, covering over 1GW of projects.
Australian renewable energy developer Edify Energy has secured project financing for three battery energy storage system (BESS) projects in New South Wales totalling 150MW/300MWh.
Florian Mayr, partner at Apricum – The Cleantech Advisory, reflects on knowledge gained in energy storage’s rapidly growing markets and offers his five key ingredients for success.
US energy storage had a fairly quiet period in the third quarter of this year deploying just 16.4MW/31.4MWh but enjoyed a record quarterly sum of US$660 million of corporate investment.