The US Department of Energy (DOE) has closed a US$489.4 million loan to Amanecer Puerto Rico, a subsidiary of developer Pattern Energy to support Puerto Rico’s electric grid.

Market conditions look favourable, but some developers are finding it difficult to prove their revenue projections will hold up.

Denmark-headquartered multinational energy company Ørsted has put its 250MW/500MWh Old 300 energy storage project in Needville, Texas, US into operation.

Residential energy storage startup Base Power has announced a US$1 billion Series D financing at a US$13 billion post-money valuation, and the launch of its new home battery in production in Austin, Texas, US.

Flow battery company Invinity Energy Systems has sold 43MWh of battery systems to utility Dairyland Power Cooperative for deployment across long duration energy storage (LDES) projects in the US Midwest.

Energy-Storage.news Premium speaks with Mike Nagus, CEO of LiNova Energy, about the company’s recently launched “metal-free polymer cathode” battery.

Massachusetts’s Department of Energy Resources (DOER) has issued a request for proposals (RFP) for 1,000MW of energy storage in the US state.

The Public Safety and Homeland Security Bureau (PSHSB) of the US Federal Communications Commission (FCC) has classified foreign-produced power inverters and “advanced robotic devices” as national security threats.

Thermal energy storage (TES) technology provider Antora Energy has closed a US$550 million Series C funding round to accelerate deployment of its thermal battery storage systems for industrial facilities and data centres in the US.

Environmental services company Veolia has been selected to operate and maintain a 350MW microgrid to power an AI data centre campus in New Albany, Ohio, US, which includes a 430MWh BESS.