energy storage

US developer, owner and asset manager Longroad Energy has secured a US$500 million equity investment to support its business model shift from a “develop to sale” strategy to the ownership of renewable projects in the US.

Sun Cable, the developer of an installation that bids to transmit renewable electricity from Australia to Singapore, will use proven technologies that have been deployed at projects around the world.

Analysts have flagged concerns over a lack of clarity from Indonesia’s government related to power exports, potentially spelling trouble for project developers looking to transmit renewables generation from the country to neighbouring Singapore.

Tesla installed 106MW of solar PV in Q2 2022, its largest quarterly total for more than four years as the firm's energy division rebounded.

Clean energy investor Octopus Investments Australia has launched a AU$10 billion (US$6.9 billion) platform that will finance renewables assets and has already acquired Australia’s largest operational solar project.

A round-up of project-related news from the world of solar-storage hybrid projects, featuring news from South Africa, Puerto Rico and Hawaii.

African power company Ncondezi Energy has launched a feasibility study for a hybrid solar-storage project earmarked for Mozambique.

Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised last week.

Solar developer Clearway Energy will deploy 500MW/2,000MWh of battery energy storage systems (BESS) from technology company Wärtsilä at five PV plants in the US.