The opportunities for energy storage in the US continue to grow and grow, but moving away from contracted revenue structures to merchant risk projects will be a challenge, especially for lenders. 

This edition of news in brief in energy storage comes from a busy week in the UK.

Renewable energy company Arevon has acquired its first project since being spun out from asset management firm Capital Dynamics, a large-scale solar-plus-storage plant in California. 

Will Gorman from Lawrence Berkeley National Laboratory looks at the trend for battery storage to be directly paired with wind and solar.

A framework agreement for the deployment of 2GWh of iron electrolyte flow batteries has been signed between manufacturer ESS Inc and SB Energy, the clean energy arm of Japanese telecoms giant Softbank.

Investment manager Quinbrook Infrastructure Partners has acquired a 350MW solar-plus-storage site expected to be the largest single site PV install in the UK once completed.

A Tesla battery energy storage system (BESS) pilot project has gone into service at what is currently the world’s biggest single-site solar PV plant, Mohammed bin Rashid Al Maktoum Solar Park.

An order for 8.5MWh of iron electrolyte flow battery energy storage systems (ESS) has been received by US manufacturer ESS Inc from Enel Green Power’s Spanish arm. 

Utility Public Service Company of New Mexico’s (PNM) plan to procure energy from 950MW of solar and storage facilities by 2022 and replace its retiring 562MW San Juan Generating Station coal plant has been handed a boost.  

Dominion Energy Virginia has proposed 15 new energy projects and 32 third-party power purchase agreements (PPAs), totalling 1GW of power.