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Jupiter Power has secured a $500 million green loan to expand its battery energy storage projects across the U.S., increasing its previous loan facility from $225 million. The funding will support the development of utility-scale battery energy storage systems nationwide, with Jupiter Power currently managing nearly 8,000 megawatt-hours of projects under construction and a pipeline exceeding 12 gigawatts. The loan was arranged by a consortium of banks including Barclays, HSBC, ING Capital, SMBC, and Société Générale.