Renewable energy developer-operator Arevon has entered into a long-term offtake agreement for a 250MW/1,000MWh battery energy storage system (BESS) in California with community choice aggregator (CCA) MCE.
Gas and geothermal plant operator Calpine Corporation will bring 510MW of its 680MW capacity battery energy storage system (BESS) project in California online in summer 2024, with BYD battery units.
Blackstone Credit & Insurance, the newest business division of global asset manager Blackstone, has closed financing for a large-scale battery storage project in California, US, with developer Arevon.
Gas and geothermal plant developer and operator Calpine Corporation has closed a syndicated financing for what could be one of the largest battery energy storage system (BESS) projects in the US.
Independent power producer (IPP) Clearway Energy has closed US$421 million in financing for the 147MW/588MWh four-hour Rosamund Central Battery Energy Storage System (BESS) in Kern County, California.
Demand for electricity is growing in Ontario for the first time since 2005, and a new plan from the Canadian province sees a diverse low carbon energy portfolio as the answer.
