Atmos Renewables and Potentia Energy have secured financing packages for their Australian renewables and energy storage portfolios.

The New Orleans, Louisiana, US City Council voted unanimously to approve a US$28 million virtual power plant (VPP) programme, reportedly, the first distributed energy resource (DER) programme in the city.

Potentia Energy has received federal environmental approval for its 1,000MWh Tallawang Solar Hybrid project, and Fluence has delivered its Gridstack battery energy storage equipment to Ampyr Australia’s 600MWh Bulabul Battery installation.

Statkraft, Kyon Energy and Juniz Energy have progressed BESS projects in Germany, all in all totalling a combined 213MWh of capacity.

Octopus Australia has achieved financial close on a AU$900 million (US$587 million) DC-coupled hybrid facility that combines 300MW of solar generation with a 243MW/486MWh battery energy storage system (BESS) in New South Wales.

Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.

IPP Enlight Renewable Energy has secured a US$1.44 billion debt financing for the Snowflake A solar-plus-storage project in Holbrook, Arizona, US.

IPPs BrightNight and Cordelio Power have reached financial close on the 300MWac solar PV, 300MW/1,200MWh battery energy storage system (BESS) Pioneer Clean Energy Centre in Yuma, Arizona, US.

New company Lunas Energy has launched an offer for solar PV plant operators in Spain to deploy BESS on their land, as the sector struggles with curtailment and negative pricing.

It has become harder to finance BESS projects in the US, according to Ronak Maheshwari, a director at CRC-IB.