The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.
A green bond has been issued in Australia that will give people the chance to invest in energy storage for the first time.
The future of vanadium flow machine company redT has been plunged into doubt after it launched a strategic review of its ongoing business.
The Asian Development Bank (ADB) has agreed to part-fund a US$53.2 million undertaking to power Tonga with renewable energy, including the installation of 22.2MWh of energy storage.
Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer.
Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.
In today’s third and final instalment of our series to welcome in 2019, we look at what our respondents are expecting to see this year, what they would like to see happen and some of the ways they will be trying to fulfil those expectations.
The Dutch Development Bank (FMO) and investment firm Symbiotics have announced a US$32.5 million facility to finance ZOLA’s operations within Tanzania over the next five years.
Britain’s second listed energy storage fund has raised £100 million (US$129.12 million) to trade on the London Stock Exchange.
Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
Swiss vertically-integrated battery and energy storage system and equipment maker Leclanché has followed sonnen in netting a significant amount of investment to go into the second half of 2018, securing CHF75 million (US$76 million) from its main existing investor.
Australian firm Carnegie Clean Energy has raised AU$5.3 million (~US$4 million) to grow its solar PV, battery energy storage and wave energy businesses.
Already this year we’ve been able to learn directly about the energy storage market in Europe from the Energy Storage Summit in London at the end of February and Energy Storage Europe in Dusseldorf, which just took place last week. Andy Colthorpe summarises what he's seen and heard.
Some of the “world’s biggest insurance companies” are investigating the advantages of pairing lithium batteries with ultracapacitors in energy storage systems, which can lower costs and extend battery lifetimes, the CEO of an ultracapacitor maker has said.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.
Madagascar’s Ministry of Water, Energy and Hydrocarbons (MEEH) has released a list of six pre-qualified bidders for the country’s 25MW(AC) Scaling Solar tender, which is the first to include energy storage in its remit.
VC funding for energy storage projects increased significantly, while debt and public market financing remained “steady” during 2017, Mercom Capital has found.
Stem Inc, self-described as a supplier of “artificial intelligence-powered” energy storage, which deployed a system on average every two days last year, has closed a US$80 million Series D financing round.
Nuclear generation company Exelon and chemical company Albemarle, which has lithium mining facilities, are investigating opportunities in the energy storage space, having partnered with battery energy storage investor Volta Energy Technologies to do so.
Having been subject to discussion for years within the academic sphere, energy storage projects have become a topic of high interest to energy sector focused investors in recent years. Philipp Lobnig of E-nable+, an online platform connecting energy projects with investors, offers his views on the key questions these investors should be asking.
Chris Pritchett of UK law firm Foot Anstey recently served as moderator for the “Developers and financiers debate” at the Energy Storage Conference at the Solar & Storage Live 2017 show in England. Afterwards, Andy Colthorpe caught up with Chris for an in-depth interview on camera.
The amount of VC funding invested in battery energy storage companies in the first nine months of this year has more than doubled from the equivalent period of 2016, according to a report from Mercom Capital.
It is “100% certain” that a solid business case exists for commercial and industrial (C&I) users of electricity in Britain, a financier has said.
A City of London investment bank has said it agrees that Swiss energy storage maker and integrator Leclanché will reach profitability, but expects it to take a year longer than the company itself has predicted.
An EV and stationary energy storage battery start-up headed by former SpaceX, Tesla, Apple, Amazon and Samsung designers and engineers has mobilised almost US$100 million of financing and contracts to kickstart manufacturing operations.
The requirement of nine hours of energy storage duration at a project touted as a possible replacement for a new natural gas plant in California makes it tough for the newer technology to compete on cost, an analyst has said.
Younicos' CEO Stephen Prince gives the lowdown on the hottest trends in energy storage, why standardisation will create a mainstream market and more.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.