US ROUND-UP: Invenergy seals financing for 200MW project, RWE orders LG batteries for PV-storage plants

A round-up of the latest news from the US solar market, including developments from Invenergy, SB Energy and RWE Renewables.
Invenergy secures financing for 200MW project in Michigan
1 September 2021: Renewables developer Invenergy has completed construction financing for a 200MW solar project currently being built in Michigan.
Slated to begin commercial operation in 2022, the Calhoun Solar facility is Invenergy’s first PV project in Michigan. CoBank, Natixis, and Export Development Canada acted as lead arrangers for the financing.
Power from the plant will be purchased by three Michigan-based utilities – Consumers Energy, Michigan Public Power Agency and Lansing Board of Water & Light – under separate long-term power purchase agreements (PPAs).
RWE selects LG to provide batteries for US solar-storage plants
1 September: The renewables subsidiary of German utility RWE has ordered integrated battery energy storage systems from LG Energy Solution for two solar-storage projects in the US.