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Puerto Rico's electricity supply network is being reinvented after successive extreme weather events brought the island territory to a standstill, damaging most of its critical infrastructure. Image: Tesla.

US DOE’s Loan Programs Office to support Puerto Rico utility-scale solar PV and BESS

July 23, 2024
The US Department of Energy has issued a loan of up to US$861.3 million to support 200MW solar PV and 285MW/1,140MWh BESS in Puerto Rico.
Tesla recently signed a 15.3GWh multi-year Megapack supply deal with US developer Intersect Power. Pictured is one of Intersect's project sites in Texas where Megapack units can be seen during installation. Image: Intersect Power

Tesla signs 15.3GWh Megapack BESS supply deal with US developer

July 19, 2024
Tesla has agreed to supply US solar PV and energy storage developer Intersect Power with 15.3GWh of its Megapack battery storage solution.
Tesla recently signed a 15.3GWh multi-year Megapack supply deal with US developer Intersect Power. Pictured is one of Intersect's project sites in Texas where Megapack units can be seen during installation. Image: Intersect Power

Intersect Power closes US$837 million financing for ‘portfolio-balancing’ Texas battery projects

July 18, 2024
US solar PV and energy storage project developer Intersect Power has closed two financing deals worth US$837 million for three battery energy storage system (BESS) projects.
The project is located in Emery County and will supply power to PacifiCorp. Image: rPlus Energies

rPlus Energies raises over US$1 billion for Utah solar project with 1,600MWh battery storage

July 18, 2024
Renewables developer rPlus Energies has secured more than US$1 billion for a 400MW solar-plus-storage project In Utah, US.
Screenshot of winning bids, posted to LinkedIn by WEF's Debmalya Sen.

SECI tender a ‘game changer’ for low-cost renewables and energy storage in India

July 17, 2024
Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar PV paired with battery storage hosted by the Solar Energy Corporation of India (SECI).
IFC Asia-Pacific regional head of infrastructure and natural resources Vikram Kumar (left) moderating a panel discussion following his keynote speech at ESS Asia 2024. Image: Paul Collinson / Solar Media

Southeast Asia’s learning curve for energy storage adoption in focus at ESS Asia 2024

July 12, 2024
Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.
Mercom's chart of the rapid growth in installed BESS capacity in India. Image: Mercom.

Mercom: 90% of India’s 219MWh BESS fleet is paired with solar PV generation

July 11, 2024
India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.
Eneos Corporation in 2023 closed its acquisition of Japan Renewable Energy Corporation (JRE), which was founded by Goldman Sachs Asset Management. Pictured is one of JRE's projects. Image: JRE/Eneos

Eneos Renewable Energy to retrofit BESS at solar PV plant with Japanese government support

July 8, 2024
Eneos Renewable Energy will add energy storage to an existing solar PV power plant in southern Japan, after successfully applying for subsidies to support the project’s cost.
Energy storage is now a major player in the global energy transition. Image: Huawei
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Accelerating PV and energy storage – a special report from Huawei, ESN and PV Tech

July 4, 2024
Energy-Storage.news, PV Tech and Huawei present a special report on the technologies and trends shaping the global energy storage market.
Saxony solar plus storage project innovation tender

Germany awards Innovation Tender contracts to 512MW of solar-plus-storage bids

July 4, 2024
Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Tender auction.

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