Energy storage
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Gore Street Capital will transfer ownership of its 400MWh California-sited BESS site to Imperial Irrigation District (IID).
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Salt River Project (SRP) has issued a request for proposals for long duration energy storage with a capacity of 5MW to 50MW and a duration of 10 hours in Arizona.
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Mitsubishi Heavy Industries and Export Development Canada are some of the latest investors in a $31 million Series A2 financing for energy storage company e-Zinc.
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Sumitomo Corporation of Americas has completed a tax equity investment in a portfolio of solar and battery storage projects owned by Pacifico Power.
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Belltown Power has put an 850MW battery energy storage (BESS) portfolio in Texas up for sale.
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Cerberus Capital Management has invested $315.5 million in Eos Energy Enterprises, a manufacturer of zinc-based long duration energy storage systems.
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Jupiter Power's partnership with local power provider Consumers Energy is to acquire 100MW of battery energy storage in Coldwater, Michigan.
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Philadelphia-based Doral Renewables has secured a $400 million minority equity investment from Netherlands pension APG, a subsidiary of ABP.
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Recurrent Energy has secured $513 million in project financing for its 1,200MWh Papago Storage project located in Maricopa County, Arizona.
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Hecate Grid, a joint venture between an InfraRed Capital Partners managed fund and Hecate Energy, has closed a 4-year $125 million Letter of Credit with MUFG.
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Blackstone-owned energy storage business Aypa Power is set to close a $650 million pre-Notice to Proceed development facility, PFR has learned.
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American Electric Power (AEP) has begun seeking Federal Energy Regulatory Commission (FERC) approval on its $315 million sale of distributed energy business AEP OnSite Partners to funds managed by Basalt Infrastructure Partners (BIP).
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Plus Power has closed a $133 million financing led by First Citizens Bank and NordLB for its 150MW/300MWh Cranberry Point Energy Storage project in Massachusetts.
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EDP Renewables North America has secured the rights to sell energy, capacity and ancillary services from its Edgeware BESS battery storage facility in Ontario.
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Chilean developer Orion Power is planning to develop a standalone battery energy storage system (BESS) in the region of Atacama.
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DTE Energy is planning to convert a portion of its retired Trenton Channel coal power plant in Michigan to a 220MW/800MWh battery energy storage system.
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Redeux Energy Partners is to sell a 450MWdc solar portfolio to Pine Gate Renewables.
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Solaris Energy has appointed Nick Perugini as chief executive while current CEO, Alex Blackmer, will become president.
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Entergy and NextEra Energy Resources have partnered to develop up to 4.5GW of solar and storage projects over the next 5 years.
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Lotus Infrastructure Partner has closed its acquisition of PNE USA, with the developer rebranded as Allium Renewable Energy.
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Black Mountain Energy Storage has put up a late stage 1070MW/2140MWh battery energy storage system (BESS) portfolio up for sale.
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Leeward Renewable Energy (LRE) has signed a 15-year resource adequacy agreement with Pacific Gas & Electric Company for its 112.5MW Sierra Pinta Energy Storage Project in Arizona.
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BlackRock has closed its $500 million preferred equity investment in Canadian Solar subsidiary, Recurrent Energy, which represents a 20% stake in the solar and energy storage developer.
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Chilean utility Colbún is planning a $1.4 billion energy storage asset in the region of Antofagasta.
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The Minnesota Public Utilities Commission (MPUC) has approved Otter Tail Power's long-term electric generation and investment plan after the utility agreed to exit the Coyote Station coal plant by 2031.
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DLL, the Rabobank-owned asset finance company for equipment and technology, has partnered with Sunstone Credit to provide a loan platform for solar and battery storage assets.
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The New Mexico Public Regulation Commission (NMPRC) has approved PNM Resource's application to integrate 410MW of new solar and energy storage by 2026.
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Distributed solar and battery development growth platform Apricus Generation has agreed to acquire a controlling interest in Toronto-based Nexus Renewables.
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US energy storage solutions provider Torus has been contracted to provide Gardner Group with nearly 26MWh of energy storage capacity across part of the group’s commercial real estate assets.
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