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Innergex secures $156 million for storage, refinancing in Chile
A $156 million package will fund two standalone battery storage projects in northern Chile and refinance part of Innergex's existing portfolio of wind, hydropower, and solar assets, with DNV providing market due diligence for lenders.
21 hours ago
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Australian green bank backs 1 GW battery network in first deal
New South Wales Energy Security Corp. has made its first investment, committing AUD 100 million ($710 million) to support a battery platform expected to grow to 1 GW of capacity by 2031. The funding will support the construction of four grid-scale battery projects to be delivered by Plus Grid Storage, an offshoot of electricity distribution […]
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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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