battery storage

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

The New South Wales government has announced AU$26.2 million in funding for several Australian solar PV and battery initiatives.

US independent power producer (IPP) Catalyze has secured US$400 million in debt facility from investment firm ATLAS SP Partners.

The US Energy Information Administration (EIA) has forecast 63GW of new utility-scale additions in 2025, led by solar PV.

Utility Puget Sound Energy has signed contracts for a solar PV project developed by Qcells and a standalone battery storage project from Brightnight and Cordelio Power in Washington, US.

The Australian Energy Market Commission (AEMC) is set to integrate new rules surrounding consumer energy resources (CER) to exercise greater control over their use, aiding solar PV’s role in the electricity mix.

The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and storage manufacturing.

In Q2 2024, Enphase Energy shipped 574,000 microinverters from its US facilities, which benefit from the 45X production tax credits.

US developer Leeward Renewable Energy (LRE) has secured US$1.25 billion in construction warehouse facility to support the construction of its portfolio in the US.

AEMO has revealed that by 2050, AU16 billion must be invested to enable the growth of grid-scale wind and solar in Australia.