Vertically integrated solar PV company Canadian Solar has sold a grid-scale battery energy storage system (BESS) project in South Australia to Epic Energy.
Interest rate rises and longer development timelines have driven a fall in the value of early-stage projects in the US clean energy and energy storage market and a flurry of sell-offs, developer-operator Agilitas Energy told Energy-Storage.news.
UK-headquartered developer-investor Zenobē Energy and US recycling specialist Redwood Materials made the biggest VC-funded deals for energy storage companies in the first nine months of 2023.
Developer Solvent Energy is talking to investment bankers with a view to selling some of a 2GW portfolio of battery energy storage system (BESS) projects in ERCOT, Texas.
Developer Banks Renewables has unveiled plans for a 200MW/400MWh BESS in Scotland, the same week its parent company agreed to sell it to investor Brookfield.