Developer-operator Plus Power has secured US$160 million in tax equity investments from Morgan Stanley for two battery energy storage system (BESS) projects in Massachusetts and Maine, US.

DESRI, Origis Energy and rPlus Energies have progressed the financing or construction of major large-scale solar and storage projects across the US, totalling 2.8GWh of BESS capacity – all outside of Texas and California.

Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh.

Ty Daul, CEO of Primergy, discusses how the Quinbrook-launched developer brought online the US’s largest co-located solar-plus-storage power plant.

An “unbelievable appetite for clean energy” is pushing the developer of Gemini, the US’s largest co-located solar-plus-storage power plant, to pursue opportunities of a similar scale.

We hear from US distributed and C&I solar and storage developer-operator Convergent Energy and Power about its financing, its pipeline and strategy, as it and Scale Microgrids both announce US$150 million multi-project bank financing deals.

Fengate Asset Management and Alpha Omega Power have closed a tax equity commitment with US Bancorp Impact Finance for a 400MWh BESS project in California, acquired from Origis Energy.

A double-header of tax equity news from the California BESS market, with IPPs Ormat Technologies and esVolta both completing deals for grid-scale projects in the state.

Following the Trump victory in the 2024 US presidential election, Energy-Storage.news has gathered analysts’ and industry comments.  

Primergy has secured US$225 million in project financing to support its “Valley of Fire” project portfolio across Nevada, Arizona and Colorado.