Leyline Renewable Capital has provided loans to developers RAI Energy and Grid Connected Infrastructure (GCI) for solar and storage projects.

The US Internal Revenue Service (IRS) has revealed how smaller and tax-exempt organisations can take advantage of clean energy investment tax credits (ITC), with guidance on direct pay and transferability.

Japanese conglomerate Itochu is launching its first grid-scale BESS project with utility Osaka Gas and finance group Tokyo Century Leasing.

Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.

US energy storage developer Gridstor has announced the start of construction of its first project, a 60MW/160MWh BESS in California.

Energy optimisation software provider Peak Power has received US$35 million investment, while startup Financial Machines has launched its own platform, with both targeting the US energy storage market.

In an effort to drive the country to deploying more energy storage, the Israeli Ministry of Energy and Infrastructure has announced four large-scale battery storage projects.

Why recent awards of pre-licensing for large-scale projects in Turkey mean a “very promising market” for energy storage is about to open.

The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.

Penso Power has won planning permission on appeal for a 100MW/250MWh battery storage project in Hampshire, southern England.