Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.
On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
The Georgia Public Service Commission (PSC) has verified with Energy-Storage.news that it voted unanimously 3 December, to certify utility Georgia Power’s plans to build 500MW of battery energy storage systems (BESS) across four locations.
Saudi Arabia’s government entity tasked with procuring electricity generation projects has commenced the qualification process for a 2GW/8GWh battery storage tender.