RENOVA completes project finance for Japanese battery
RENOVA has closed project financing for the 30MW R3 Energy Storage Facility in Ishikari, Hokkaido, following an off-take agreement with Tokyo Gas.The JPY5 billion ($35 million) financing was arranged by MUFG Bank. R3 Energy Storage Facility G.K. will be operated under a 20-year fixed-price off-take...