Storage

AEMO said that new renewable energy generation and energy storage projects in the final commissioning phase in the NEM have reached 7GW.

Developer Nexamp has closed a US$340 million debt refinancing for a portfolio of distributed solar and energy storage projects in the US.

Greek renewables developer Metlen Energy & Metals has sold a Chilean solar-plus-storage portfolio to investor Glenfarne Asset Company.

The US state of New Jersey has launched its third solicitation of the CSI Program, seeking 300MW of solar PV and 160MWh of energy storage.

The New South Wales government has said that 3.5GW of solar PV, BESS and wind have been granted the right to connect to the South West REZ.

Solar PV developer Atlas Renewable Energy has secured US$510 million in financing for a solar-plus-storage project in Antofagasta, Chile.

A landowner-led 250MW solar-plus-storage site in Tasmania has been added to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Renewable energy will need policy support to reach “economically optimal” levels for the global energy transition, according to BloomberNEF.

US renewable energy company Sunraycer Renewables has closed a US$475 million project financing facility for two solar-plus-storage projects in Texas.

Artificial Intelligence will “transform” the energy sector over the next decade, according to a report from the International Energy Agency.