Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.

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

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.

ENGIE has pulled out of a large-scale solar-plus-storage project contract in the Western Pacific US island territory of Guam.

Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.

Recently-formed company Proteus Power plans to develop and build over 3GW of solar, wind and battery energy storage projects in North America.

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).

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

Georgia’s Public Service Commission (PSC) has approved state utility Georgia Power’s 2022 Integrated Resource Plan.

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