Recurrent Energy has closed a construction financing for an energy storage project in Arizona. Meanwhile, Cypress Creek Renewables has reached financial close for its solar-plus-storage project in Colorado.
Powerlink Queensland is seeking federal approval for transmission infrastructure connecting AGL Energy’s 2,000MWh Tuckeroo battery energy storage system (BESS) to the Western Downs Substation in Australia.
EDF Renewables has brought its 300MWh Milagro project online in New Mexico, while Enlight Renewable Energy has secured US$340 million in tax equity financing for its 940MWh Roadrunner project in Arizona.
According to the Q3 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), annual installations will not reach 2025 levels again until 2029.