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News
LG Electronics chooses Fractal EMS for commercial battery storage market segment
June 27, 2022
LG will use an energy management system developed by Fractal EMS for commercial and industrial energy storage systems in the US market.
Sunlight Group bags US$290 million in loans
June 27, 2022
Greece-based battery manufacturer Sunlight Group has received €275 million (US$290 million) in loan financing to expand production and research.
Queensland state budget funds battery storage buildout ‘blitz’
June 27, 2022
Queensland’s state government has identified batteries as the fastest way to add energy storage to the electricity network.
UK’s Harmony Energy gets US$74 million debt facility from retail bank Natwest
June 24, 2022
Harmony Energy has secured a £60 million debt facility from major UK retail and commercial banking group NatWest.
South Africa: 300MW liquid metal battery storage deal, financial close for flow battery mini-grid at vanadium mine
June 24, 2022
Ambri has received an order in South Africa for a 300MW energy storage system based on its proprietary liquid metal battery technology.
RWE’s 196MW solar, 80MWh BESS project in Georgia comes online
June 24, 2022
RWE has switched on its Hickory Park project combining 195.5MW of solar PV with 40MW/80MWh of battery storage in Georgia, US.
Eastern Generation gets permit for 135MW battery storage at New York fossil fuel plant site
June 23, 2022
Approval has been granted for construction of a large-scale BESS at the site of an existing fossil fuel power plant in New York.
Mitsubishi Power enters European storage market with 371MWh BESS projects in Ireland
June 23, 2022
Mitsubishi Power is entering the European energy storage market with four BESS projects totalling 371MWh for ION Renewables in Ireland.
TPG’s Matrix Renewables secures US$92 million for co-located 80MWh storage in California
June 23, 2022
Matrix Renewables, the platform backed by private equity firm TPG, has secured tax equity financing of US$92 million for two solar-plus-storage projects in California with 80MWh of energy storage.
Google’s 24/7 carbon-free energy deal for its California offices ‘could be replicable model’
June 23, 2022
Carbon-free energy deals signed by Google and a California community energy group could be a widely replicable model.
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