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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.


UK’s Gresham House secures consent for 456 MW BESS in Scotland
ESS News understands initial design is for a two-hour BESS in Gretna, however the site is large enough to accommodate an eight- to 10- hour project with potential durations of 3.6 GWh to 4.6 GW. The project is not currently part of the Gresham House Energy Storage Fund (GRID).
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UK’s largest solar and storage project secures financial close
Quinbrook completes financing for Cleve Hill Solar Park in Kent, England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025. The developer claims contract for difference, capacity market and power purchase agreements (PPAs) were critical to securing project financing.
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Spain preps grants for energy storage and grid demand management
A consultation exercise has been opened into a plan to distribute European Regional Development Fund (ERDF) cash into large-scale energy storage and grid flexibility sites and into customer-side electricity demand management technology.
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