AIP Management has agreed to acquire an equity stake from Clearway Energy Group, in Pine Forest, a 300MWac solar PV and 200MW/400MWh battery energy storage system (BESS) project in Texas, US.
Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.
Energy storage developer and system integrator Energy Vault has closed on US$28 million in project financing for the Calistoga Resiliency Centre (CRC) located in California, US.
The system integration arm of SMA Solar and utility RheinEnergie have partnered to deploy BESS projects in Germany, with construction about to launch on the first.
