Developer Cypress Creek Renewables has received a US$133 million financing from First Citizens Bank for the Destiny Storage Project, a standalone battery energy storage system (BESS) in Texas.
Carlyle Portfolio Company-owned developer Copia Power has closed a US$1.71 billion debt facility to fund construction of its Maricopa Energy Centre Projects.
Florida’s largest utility, Florida Power & Light (FPL), is ramping up its energy storage ambitions across the Sunshine State, with plans to deploy over 2.2GW of new BESS between 2026 and 2027.
IPP Clearway Energy Group has closed financing and started construction on its 1,280MWh Honeycomb battery energy storage system (BESS) portfolio in Utah, US.
US solar and storage developer Adapture Renewables has acquired a hybrid 110MW solar and 110MW battery energy storage system (BESS) project from Samsung C&T Renewables.
Solar PV and battery energy storage system (BESS) firm Canadian Solar has secured battery supply agreements and long-term service agreements through its subsidiary e-Storage for two US BESS projects developed by Aypa Power, in the ERCOT and California markets.
We caught up with a partner at insurance broker Lockton about recent developments in the space, including the ramifications – or lack thereof – of the recent Moss Landing fire on insuring BESS projects going forward.
