Recurrent Energy is seeking a loan from financial institution North American Development Bank (NADBank) to fund the construction of a 100MW/200MWh standalone battery storage facility located in Maverick County, Texas.

Recurrent Energy has closed US$513 million financing on a battery storage project in Arizona, US, which has a 20-year utility tolling agreement in place.

Cumberland Council in England, UK, has granted planning permission for a 200MW/400MWh BESS project from developers Recurrent Energy and Windel Energy which, unless a new grid connection date is agreed, won’t start construction until 2029.

Developer Recurrent Energy, an arm of solar PV and ESS manufacturer Canadian Solar, has secured a 20-year agreement with a local utility for a 1,200MWh battery storage project in Arizona.

Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.

A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year.

A group of former directors and executives at Recurrent Energy have launched development company with initial focus on battery storage.

Canadian Solar and Axium Infrastructure have begun operation of the Crimson Energy Storage large-scale battery system in California.

Canadian Solar’s manufacturing subsidiary CSI Solar’s battery storage shipments exceeded the 1GWh mark in the first half of 2022.

Canadian Solar subsidiary Recurrent Energy has acquired two standalone energy storage projects in development totalling 400MWh in the ERCOT, Texas market.