solar-plus-storage

As Australia’s renewable sector matures, the coupling of solar and storage is emerging as the dominant paradigm for large-scale projects.

Enfinity has expanded a bond facility with the Eiffel Investment Group to US$183 million, to further its work in US solar and BESS.

AES Indiana, a subsidiary of US utility AES Corporation, has started commercial operations at a 250MW solar-plus-storage plant in Pike County, Indiana, US.

Spanish independent power producer Grenergy has closed a US$355 million senior non-recourse financing agreement for its Central Oasis solar-plus-storage platform in Chile.

A round-up of a number of European project stories from this week, including METLEN, European Energy and TSE.

Rewa Ultra Mega Solar Limited (RUMSL) has extended a Letter of Award (LOA) to Ceigall India and ACME Solar to develop 220MW solar-plus-storage in Morena, Madhya Pradesh. 

Spanish independent power producer (IPP) has energised the fourth phase of its flagship solar-plus-storage project in Chile, Oasis de Atacama.

Industry leaders warn that hybridising PV with batteries is now essential to secure revenue, manage volatility, and maintain investor value.

'The market is evolving,' said Daniel Machuca on the topic of traditional financing models and their suitability for use in modern renewables.

Tonic Group has obtained federal environmental clearance for a 75MW solar-plus-storage development in Western Australia within four weeks.