Renewable energy company Arevon has secured a US$400 million loan facility from two banks for its solar and energy storage pipeline in the Midwest, Southeast and California.

Norwegian state-backed credit agency Eksfin is providing US$100 million in guarantees for three co-located energy storage projects in South Africa from renewable energy developer Scatec.

Energy group BayWa r.e. has been selected to implement a project in France combining a solar PV plant, a battery energy storage system (BESS) and – if enough offtakers can be found – green hydrogen.

German home energy storage and virtual power plant (VPP) company sonnen and solar contractor ES Solar are expanding a Utah and Idaho VPP program to include up to 35MWh of residential batteries by the end of the year.

Green hydrogen projects have progressed in the Netherlands and India, the latter of which is being combined with a battery energy storage system (BESS).

Duke Energy and Agilitas Energy have completed utility-scale battery energy storage system (BESS) deployments in the US states of Florida and Rhode Island, respectively, totalling 14MW of power.

A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California.

Chilean utility Colbún has submitted plans for a solar-plus-storage project with a 1.2GWh battery energy storage system (BESS)

Bank CIT will be the lead arranger of financing for Swell Energy’s pipeline of behind-the-meter commercial energy storage projects in California.

Stem Inc grew revenues 246% in quarter two 2022 and ended the period with a contracted backlog of US$727 million.