Energy generation and storage developer Estuary Power has closed a US$340 million financing package for a 185MW solar-plus-storage project being constructed in Lincoln County, Nevada, US.
Share prices for inverter manufacturer SolarEdge have risen since the start of the week following news the company is cutting 400 jobs, its fourth layoff in the past year.
The deployment of grid infrastructure and energy storage is a key element to avoid delaying global energy transition, according to the International Renewable Energy Agency (IRENA).