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Longroad Energy’s Sun Streams 2, a 200MWdc solar project located in Maricopa County, Arizona. Image: Longroad.

US$500 million investment into US developer Longroad led by Munich Re asset management arm

August 3, 2022
Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.
eos energy

Zinc battery company Eos Energy secures US$85m loan

August 2, 2022
Zinc-based battery energy storage system provider Eos Energy Enterprises has secured a US$85 million loan facility with Atlas Credit Partners (ACP).
ubs asset management

UBS Asset Management buys 700MW ERCOT BESS portfolio from Black Mountain Energy Storage

August 2, 2022
Developer Black Mountain Energy Storage (BMES) has sold 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas, ERCOT market in two months.
The news follows the 2021 cancellation of ENGIE's Puako project in Hawaii, also contracted to NHOA. Image: ENGIE.

ENGIE’s tender-winning Guam solar-plus-storage project cancelled

August 2, 2022
ENGIE has pulled out of a large-scale solar-plus-storage project contract in the Western Pacific US island territory of Guam.
Joe Manchin at an event with Energy Secretary Jennifer Granholm (left). Image: Joe Manchin's office.

Manchin-Schumer-backed Inflation Reduction Act includes ITC for energy storage

July 28, 2022
Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.
proteus power

New developer Proteus Power eyes 3GW-plus renewables and energy storage pipeline in North America

July 27, 2022
Recently-formed company Proteus Power plans to develop and build over 3GW of solar, wind and battery energy storage projects in North America.
acp us battery storage installations h1 2022

US installs 5GWh of battery storage in H1 2022 but overall clean power deployments fall

July 27, 2022
Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).
ercot texas cypress creek renewables black mountain

Cypress Creek Renewables buys 600MWh BESS portfolio in Texas

July 26, 2022
Developer Cypress Creek Renewables has acquired four standalone energy storage projects totalling 400MW/600MWh in Texas, US, from Black Mountain Energy Storage (BMES).
Wärtsilä

Georgia Power gets approval for 765MW energy storage in 2022 Integrated Resource Plan

July 26, 2022
Georgia’s Public Service Commission (PSC) has approved state utility Georgia Power’s 2022 Integrated Resource Plan.
Wildfire season causes many problems each year in the US including impacts on the electric grid and peoples' ability to keep the lights on. Pictured is a 2013 wildfire at Yellowstone National Park. Image: Mike Lewelling, National Parks Service via Flickr.

Biden launches US$5 billion grid resiliency grant programme for disadvantaged communities

July 26, 2022
The US Department of Energy has launched 140 programmes to advance equitable development of climate, sustainability, and health measures.

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