US independent power producer (IPP) Cypress Creek Energy has secured US$3.5 billion in financing to support the development of a 1.63GW/1.9GWh solar-plus-storage project in Arkansas.
The financing will support the first two phases of the three-phase Steel River Energy Center project, which comprises 2.45GW of solar PV and 2.9GWh of battery storage, making it one of the largest solar-plus-storage projects in the US. The entire project is expected to be completed by 2029.
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