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.

Developer-operator GridStor’s 220MW/440MWh Hidden Lakes Reliability battery energy storage system (BESS) project in Texas, US, is now operational.

IPPs BrightNight and Cordelio Power have reached financial close on the 300MWac solar PV, 300MW/1,200MWh battery energy storage system (BESS) Pioneer Clean Energy Centre in Yuma, Arizona, US.

US utility Xcel Energy plans to build the Midwest’s largest battery energy system (BESS) facility at the Sherco Energy Hub in central Minnesota, US.

Developer Flatiron Energy has increased its US$125 million credit facility with certain funds and accounts managed by HPS Investment Partners, to US$250 million.

Two investor-owned utilities (IOUs) are seeking regulatory approval to acquire an under-development solar and storage project located in Waushara County, Wisconsin. 

Hecate Energy has cancelled its 650MW Swiftsure battery energy storage system (BESS) in Staten Island, New York.

Eos announced its move to Pennsylvania, US, as well as agreements for energy storage projects with Talen Energy and MN8 Energy.

Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.

Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.