Articles tagged with: Finance
13 Apr 2021, 08:34
The April 2021 episode of the Solar Media Podcast, sponsored by Honeywell, is now available to stream. We discuss everything from long-duration energy storage and floating solar technologies to the UK's greenest weekend ever and Vietnam's solar rush.
30 Mar 2021, 06:33
A pumped hydro energy storage (PHES) project at a former gold mine in Queensland, Australia which would be able to store 250MW of power for up to eight hours has raised significant funding in the past few days.
24 Mar 2021, 08:15
Early days of the new regime have been applauded for their progressive nature, but lack of proper cost-benefit analysis for storage and concerns of trade tariffs remain
22 Mar 2021, 08:36
An order worth US$14 billion placed by carmaker Volkswagen with lithium-ion battery manufacturer Northvolt will have a “significant” impact on the stationary energy storage market, a spokesman for Northvolt has said.
Feature
Editor's blog
8 Mar 2021, 05:45 • By Andy Colthorpe
The editorial team brings you the top takeaways from this year’s Summit, spanning everything from finance and the growing appetite for investment in the market today, to the technologies and policies that could help the UK and other nations to meet urgent deadlines for decarbonisation.
3 Mar 2021, 16:03
The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector.
Feature
Analysis
1 Mar 2021, 07:19 • By Charles Lesser
The sudden and rapid use of Special Purpose Acquisition Companies (SPACs) to launch privately-held companies into publicly-listed entities is a minor phenomenon of our time and some players in clean energy industries including energy storage, have been quick to join the wave. It can work out really well, but it can also all end in tears: so choose wisely, says Charles Lesser, partner at Apricum - The Cleantech Advisory.
4 Feb 2021, 08:22
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
26 Jan 2021, 04:52
Despite the fall in unit prices for energy storage, a total of US$3.6 billion of investment was committed to energy storage projects in 2020, around the same amount as in 2019.
7 Dec 2020, 13:02
Around 2.1GWh of battery storage had been installed in Germany by the end of 2019, in households, at commercial and industrial (C&I) facilities and at large-scale in grid-connected applications.
27 Nov 2020, 11:34
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
Feature
Analysis
11 Nov 2020, 06:22 • By Solar Media Staff
What does it take to successfully create a multi-gigawatt battery storage factory? Energy-Storage.news' editor Andy Colthorpe moderates a discussion with some key players in Europe's race to create a home-grown value chain.
2 Nov 2020, 12:28
Gore Street Energy Storage Fund, one of two stock exchange listed energy storage funds in the UK, has acquired an 81MW operating battery storage portfolio from Anesco.
23 Oct 2020, 11:13
Venture capital (VC) funding in battery storage companies in the third quarter of 2020 was up 78% on the previous quarter, while total corporate funding in the sector for the first nine months of the year rose by 62% compared to the same period in 2019.
17 Sep 2020, 06:37
The Solar Energy Corporation of India (SECI) has invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system in the state of Chhattisgarh.
23 Jul 2020, 09:59
Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.
15 Jun 2020, 10:59
After securing a US$225 million financing facility, US solar developer 8minute Solar Energy has said the “vast majority” of projects in the company’s pipeline “are solar-plus-storage”.
Feature
Editor's blog
26 May 2020, 07:55 • By Andy Colthorpe
From a full week of webinars and panel discussions, there was a huge amount of ground covered. Here are some more of our takeaways and links to some of the news and views we've already posted.
20 May 2020, 06:38
The government of India has announced measures to promote new “Champion Sectors” of economic growth, including support incentives for advanced battery cell and solar PV manufacturing.
Feature
Analysis
31 Mar 2020, 12:16 • By Alex Morris
California, the world’s fifth largest economy and a global innovation engine, is confronting ambitious clean energy and GHG reduction goals. California must achieve 60% renewable energy and 5 million electric vehicles on the road by 2030, and a fully decarbonised power sector by 2045.
21 Jan 2020, 08:03
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
26 Nov 2019, 15:41
A consortium featuring Mitsubishi and Japanese utility Chubu is set to buy out European energy major Eneco as Mitsubishi targets further European growth.
Feature
Analysis
24 Oct 2019, 14:35 • By Andy Colthorpe
Energy-Storage.news was delighted to be asked to moderate a session in which participants and pioneers of UK energy storage - and solar - gave their perspectives on everything from the right technologies and what they can do, how financiers view the market today, to how we can all join together to create a modern, clean and sustainable energy sector.
25 Sep 2019, 17:05
InnoEnergy has launched a platform designed to “bridge the gap” between financial institutions and battery businesses.
24 Sep 2019, 11:21
The UK pledges US$250 million for global energy storage as France and the Netherlands announce US$100 million for solar initiatives.
27 Aug 2019, 15:36
Johnson Controls, the intelligent buildings and infrastructure group, has expanded the scope of an existing agreement to work with Con Edison on energy storage to now extend financing to customers who want solar and storage.
11 Jul 2019, 16:12
Infrastructure investment firm Energy Capital Partners has acquired prolific ‘mid-range’ energy storage project developer Convergent Energy + Power in a deal worth "several hundred million dollars".
27 Jun 2019, 14:34
Plummeting solar-plus-storage costs could help electrify millions worldwide by facilitating a ten-fold explosion of mini-grid systems, a new report from the World Bank has said.
26 Jun 2019, 15:53
Update included confirmation that cash reserves stand at around US$4.31 million, enough to continue meeting the firm's obligations until December this year.
13 Jun 2019, 12:17
Northvolt, the consortium seeking to establish significant lithium-ion battery cell manufacturing facilities in Europe, has raised US$1 billion in equity capital from parties including Volkswagen and BMW and the merchant banking division of Goldman Sachs.