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Cypress Creek secures $3.5B to build Steel River Energy Center in Arkansas
Construction funds secured for first two phases of co-located project, with 1.63 GW of solar and 1.9 GWh of battery energy storage system (BESS) capacity to be connected to the national grid. Project backed by virtual power purchase agreement (PPA) offering long-term revenue certainty.
Jun 12, 2026
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India’s Avaada Group to invest $4.3 billion in renewables, BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore ($4.3 billion).
Base Power hauls in $1 billion to take its distributed home battery model beyond Texas
The two-year-old power company has deployed more than 100 MWh of residential battery capacity across Texas, pooling thousands of installs in homes into a grid resource as a virtual power plant. It will now expand the model nationally in the US.
Oct 09, 2025
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US grid-scale storage leaps 63%, residential 132%
A report from the American Clean Power Association (ACP) and Wood Mackenzie indicates the utility-scale energy storage sector added 4.9 GW in the April-to-June quarter, representing 63% year-on-year growth, while residential storage increased by 608 MW.
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