BESS developer and operator Plus Power has completed a US$1.8 billion financing for five projects in Arizona and Texas, including over US$400 million in tax equity and US$700 million for a single standalone project, the largest to-date.

Developers Innova and Banks Renewables have progressed two large-scale battery energy storage system (BESS) projects in the UK totalling 3.7GWh of capacity.

German-Norwegian firm Eco Stor has revealed another 300MW/600MWh battery energy storage system (BESS) in Germany, with construction planned for the end of 2024.

The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).

Inverter and BESS company Sungrow will supply a 60MW/132MWh system for an operational PV plant in Chile.

Developer Varco Energy has enlisted Fluence and GE Vernova to supply battery energy storage systems (BESS) for two separate UK projects.

Developer NGEN Smart Grid Systems has completed a 10.3MW/20.6MWh standalone battery storage project in Austria, the largest in the country, it claimed.

Developers SMT Energy and SUSI Partners have secured a tax equity financing agreement for 100MW of ERCOT, Texas battery storage projects with ‘specialised tax equity’ investor Greenprint Capital.

A battery energy storage system (BESS) project using sodium-ion technology has entered commercial operation in Qingdao, China.

Developer Jupiter Power has announced US$70.4 million in loan financing for two battery storage projects in ERCOT, Texas, arranged by First Citizens Bank.