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Energy storage developer NineDot has announced the closing of a US$65 million equipment financing supporting the purchase of up to 100MW/400MWh of batteries for use in 20 battery storage projects across New York City, New York, US. Financing was led by First Citizens Bank, which has been active in. . Crews lower a Ninedot Energy battery energy storage system into place. Courtesy: Ninedot Energy The folks at Ninedot Energy are comfortable solving complex puzzles- the company's name comes from one, after all. So it should come as no surprise that the leading battery energy storage system (BESS). . As part of its June 2024 Order, New York's 6 GW Energy Storage Roadmap Policy Options for Continued Growth in Energy Storage, the PSC adopted a target of 6 GW of energy storage by 2030 and approved nearly $2B in energy storage incentives. The PSC directed NYSERDA to file Implementation Plans to. . New York City community-scale battery energy storage systems (BESS) developer NineDot Energy has closed a $65 million equipment financing transaction led by First Citizens Bank.