In this news roundup, Aypa power upsizes its credit facility, Georgia Power begins construction on a 260MW BESS, and IOWN Energy on behalf of Eolus sells a 506MWh BESS to DESRI
EnerVenue, the US company commercialising technology adapted from nickel-hydrogen batteries, has closed a US$300 million extension of its Series B preferred stock financing round.
As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.
The New Jersey Board of Public Utilities (NJBPU) has selected developer and IPP Elevate Renewables’ 600MWh battery energy storage system (BESS) for development in Ridgefield, New Jersey, US.
A new report from the US Energy Storage Coalition (ESC) indicates that the American battery manufacturing sector surpasses 100% of US demand for energy storage systems (ESS) and modules.
Energy storage developer and system integrator Energy Vault has released its Q4 and full year 2025 financial results, showing growth credited to entering the AI infrastructure market, expanding projects in Australia and its ‘Asset Vault’ subsidiary.