Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.
A flurry of grid-scale energy storage news from Europe, with large-scale projects progressed in Kosovo, Switzerland and Croatia involving Millenium Challenge Corporation, Intilion and NGEN respectively.
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.
The Planning and Development Services Department at California’s Imperial County has prepared initial environmental assessment documents for a 800MW hybrid solar and BESS facility proposed by developer RAI Energy.
Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.
Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
Energy-Storage.news hears from the CEO of American Energy Storage Innovations (AESI), about its BESS technology, battery cell strategy, manufacturing in East Asia and the “shocking” price of manufacturing in the US and buying US-made cells.
A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.
