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Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing
The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from SmartestEnergy for 100 MW/200 MWh of the site. The balance will operate on a merchant basis and be powered by Tesla Autobidder.
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More than $600m for four US utility-scale batteries
Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility-scale battery energy storage projects, which will take shape in Texas, Michigan, and an undisclosed location. Two of the planned sites are set to operate on a merchant basis.
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