US energy storage investor Eolian continues to raise funds with US$515 million Green Loan
Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.

London, UK
Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.
US energy storage developer Gridstor has announced the start of construction of its first project, a 60MW/160MWh BESS in California.
Groundbreaking has taken place in West Virginia, US, for the factory where startup Form Energy will be mass producing batteries for long-duration energy storage (LDES) applications.
Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.
Agilitas Energy, a developer of distributed and smaller utility-scale solar PV and battery storage projects in the US, has entered the Texas ERCOT market.
BESS projects in ERCOT, Texas, will be hit by a double whammy of market saturation and new rules around minimum state-of-charge (SOC), as the technology helps the state battle a severe heatwave.
RWE has brought its biggest utility-scale BESS project in the US closer to the start of commercial operations.
After a record-breaking year in 2022, the US energy storage industry has seen second successive quarter of declines in installation figures.
‘Multi-day storage’ tech company Form Energy and US utility Georgia Power have sealed a “definitive agreement” for a grid-scale project.
AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.