UK battery storage and flexible generation developer-operator Statera Energy has secured a £300 million (US$375 million) financing package for its Thurrock project, its first news since being bought by investor EQT.

Quinbrook Infrastructure Partners has raised £620 million (US$750 million) for a UK-focused renewables fund, with solar, storage and flexibility assets a key focus.

A recent report by UK Electricity Networks Commissioner Nick Winser laid out how to halve the time needed to build up the grid infrastructure for net zero.

The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation.

US renewable energy developer Leeward Renewable Energy has entered into a long-term power purchase agreement (PPA) for a solar-plus-storage facility it is preparing to construct in Kern County, California. 

The opportunities for energy storage in the US continue to grow and grow, but moving away from contracted revenue structures to merchant risk projects will be a challenge, especially for lenders. 

A group of eight transmission system operators (TSOs) across Europe have launched a joint initiative to highlight and develop the role that the grid plays in enabling decarbonisation targets to be met.

Andy Colthorpe speaks with energy storage associations from Ireland, Germany, Poland and Spain to hear about their unique situations as well as the opportunities and challenges they share.

SimpliPhi Power has made some bold choices in the decade that the company has been active, leveraging key technologies to “satisfy different pain points around energy”. Andy Colthorpe hears from CEO Catherine Von Burg about why chemistry matters in the push for clean energy.

A tourism development in Saudi Arabia which will have its own international airport and hopes to attract over a million visitors each year will be 100% powered by renewable energy, with the help of a 1,000MWh battery storage facility.