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Andy Colthorpe

Venture capital funding into energy storage has decreased while debt and public financing become increasingly prevalent. Image: Solar Media from Mercom Capital data.

Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total

July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
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Fotowatio Renewable Ventures’ UK partnership kicks off delayed 198MWh battery storage project

July 21, 2022
Fotowatio Renewable Ventures (FRV) and UK developer Harmony Energy have begun construction of their 198MWh Tesla battery project in England.
EDP's floating PV plant (in background) at the hydropower dam in Alqueva, Portugal. Image: EDP

Portuguese utility EDP adding battery storage to floating solar-hydropower hybrid plant

July 21, 2022
Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised earlier this month.
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Arizona utility groups sign PPA for 300MW/600MWh solar-plus-storage power plant

July 20, 2022
PPA has been signed for a large-scale solar-plus-storage power plant by a group of Arizona municipal utilities and local authorities.
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Energy trader Vitol leads US$100 million funding round for BESS system integrator FlexGen

July 20, 2022
US energy storage system integration services and software company FlexGen has raised US$100 million in a Series C funding round.
Hero Future Energies hosting an India Republic Day celebration at one of its solar PV plants earlier this year. Image: Hero Future Energies via Twitter.

Tender for 10MW of battery storage won by Hero Future Energies in Kerala, India

July 20, 2022
Hero Future Energies has won a tender to construct grid-scale battery storage in the Indian state of Kerala.
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Puerto Rico Electric Power Authority enters solar-plus-storage PPA with Convergent Energy + Power

July 19, 2022
Convergent Energy + Power has signed a PPA with Puerto Rico Electric Power Authority for output from a solar-plus-storage power plant.
Rendering of a battery storage project in development by Orix, winner of the auction's single biggest contract for a BESS bidding unit. Image: Orix.

Financial services group Orix, utility Kansai Electric construct 113MWh battery storage system in western Japan

July 19, 2022
Japanese financial services group Orix and regional utility company Kansai Electric building large-scale battery storage system.
Taiwan Cement Corporation has awarded more than 400MWh of projects in Taiwan to NHOA. Pictured is a rendering of how one such project could look. Image: NHOA.

NHOA claims battery storage business success ‘despite increasingly complex global scenario’

July 18, 2022
CEO of NHOA has hailed its “unparalleled” performance in the first half of this year, despite industry headwinds.
Rendering of Cranberry Point developer Plus Power's 185 MW / 565 MWh Kapolei Energy Storage project in Hawaii. Image: Plus Power

Massachusetts authorities host public comment hearings for 800MWh of battery storage

July 18, 2022
Developers of two large-scale battery projects in Massachusetts have appeared before the public at Energy Facilities Siting Board hearings.

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Zinc battery storage player Eos Energy receives US$22.7 million from US DOE loan

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Recurrent Energy’s 1,200MWh Arizona BESS reaches commercial operation

US renewables and battery storage developers Avantus, Arevon, and Clearway secure financing

US ROUNDUP: TerraFlow-Storion flow battery partnership, JinkoSolar’s distributed Massachusetts systems, Lightshift secures US$40 million

US energy storage to ‘retain momentum’ post-reconciliation bill, near-term rush to complete projects

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