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US Round-Up: NineDot closes $431M financing for NYC, e-STORAGE inks 503 MWh Texas deal, FlexGen brings 174 MW online
The flurry of US news in this round-up include's NineDot Energy's funding for NYC community storage, e-STORAGE partnering with Sunraycer in ERCOT, FlexGen reaches commissioned project for Alliant Energy, and Ameresco finalizes tax credit transfers for its storage portfolio.
8 hours ago
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EnBW is looking for an investor for Senec
Further investments are necessary for Senec's continued growth. To this end, its parent company EnBW is seeking a new investor to acquire the Leipzig-based storage manufacturer's business, ideally before the end of this year. However, as a spokesperson explained to pv magazine, it is also possible that Senec will remain a wholly owned subsidiary of EnBW.
WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
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US Senate Republicans propose sparing batteries harshest elements of anti-Green New Deal legislation
Energy elements of Republicans' Budget Reconciliation Bill would leave the tax credits of battery component factories largely untouched but could target some foreign manufacturers as well as restricting incentives for small-scale batteries.
At least 18 GW of batteries await Brazil’s planned auction
While Brazil is making progress in customer-side, "behind-the-meter" and off-grid battery solutions – with more than 700 MWh – it still lacks guidelines for a planned gigawatt-scale national auction. Markus Vlasits, president of the Brazilian Association of Energy Storage Solutions (ABSAE), tells pv magazine about the nation's utility-scale battery bottleneck.
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Italian region allocates funding for renewables, energy storage for business
Sardinia's councillor for industry, Emanuele Cani, announced grant funding for small and medium-sized enterprises (SMEs) in the Sulcis Iglesiente mining region and said a wider program of help would be offered across the island in due course.
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Why long-duration doesn’t pay – yet.
Despite growing recognition of long-duration storage’s importance, independent system operator (ISO) and regional transmission organization (RTO) market structures in the US still reward short-term response, leaving developers little financial incentive to build batteries with more than two hours of capacity.
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