Storage

Oil and gas explorer Pilot Energy has entered into a binding head of agreement with SN Energy Australia for the joint development of a new solar-plus-storage project at Three Springs, Western Australia.

Potentia Energy has raised AU$830 million in portfolio financing to support its renewable energy operations and development across Australia.

BRUC has raised €474 million (US$554 million) to facilitate the addition of BESS to an 858MW Spanish solar portfolio.

Fortis Energy has begun the construction phase of the 75MW Ersekë solar PV project in Albania, which is co-located with a BESS.

Mexico has awarded 3.3GW of renewable energy capacity, of which solar PV will account for 2.6GW of capacity.

The Glenfarne Group has acquired a portfolio of solar PV and co-located BESS assets in Chile from Metlen Energy & Metals.

ArcelorMittal is investing INR81 billion (US$903 million) in three renewable energy projects across three states in India.

'The UK market has matured,' Guy Lavarack, chief investment officer at the Luminous Energy Group, tells PV Tech Premium this week.

French renewables company Voltalia has started site preparation works on a 43MW/135MWh solar-plus-storage project in French Guiana, a French overseas territory in South America.

A roundup of three solar PV project financing stories from Australia, Texas and California, with updates from Potentia Energy, Origis Energy and Baywa r.e.