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.
The Queensland government confirmed yesterday (18 June) that Caloundra, Australia, will house a Local Renewable Energy Zone (LREZ), with plans to triple rooftop solar PV generation.
A 25MW/55MWh battery energy storage system (BESS) has been commissioned by operator Renalfa IPP, using technology provided by Chinese firms Hithium and Kehua.
Editor Andy Colthorpe speaks with Yann Brandt, chief commercial officer at FlexGen, a solar industry veteran who saw the rising potential of the energy storage industry and jumped on board.
AES Corporation has withdrawn one of its solar and battery storage hybrid facilities from Hawaiian Electric Co’s (HECO’s) latest renewable energy procurement.
Steven Miles, premier of Queensland, Australia, unveiled plans yesterday (7 June) to allocate a record AU$26 billion (US$17 billion) to the state’s Energy and Jobs Plan over the next four years, facilitating the rollout of solar PV and energy storage technology.
Denmark-headquartered independent power producer (IPP) Ørsted and investment bank JP Morgan have closed a tax equity financing of US$680 million for solar and storage projects in the US.
