A new joint venture between a UK-based asset manager and a Danish renewables investor has been signed to fund a 500MW solar and storage pipeline in the UK.
Australia’s CEFC commits AU$50m to expanding ‘landmark’ Tesla Hornsdale Power Reserve battery system
Australia’s national Clean Energy Finance Corporation (CEFC) has said it will commit AU$50 million (US$34.14 million) to help fund expansion of landmark Hornsdale battery project in South Australia.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
A 300MW pipeline of behind-the-meter energy storage projects in Canada and the US will be executed by large engineering firm Honeywell, with Canadian project developer NRStor.
Following on from our look at some of the takeovers of promising or already-prolific energy storage companies in the last edition of PV Tech Power, here’s an exclusive interview with Convergent Energy + Power CEO Johannes Ritterhausen.
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.
The pipeline of projects currently stands at 11GW, and although it is unlikely that this will all be built, we currently see nearly 800MW of projects at the ‘under construction/ready to build’ stage.
UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
UK Power Reserve, a British developer of flexible electricity assets, has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects.
Long duration energy storage will be put to use in Germany’s grid, with RedT, a UK-headquartered maker of flow energy storage ‘machines’, announcing an initial 80MWh deployment to the country.
North Kesteven District Council, a local authority in England's Midlands, has approved a near 50MW solar farm alongside planning consent for a 50MWh battery for Pegasus Group, adjacent to an existing 18MW solar farm.
Powin Energy has just sold 116MWh of its project assets and pipeline of future developments to esVolta and made a deal which sees Powin become exclusive supplier to the latter’s projects.
Battery Energy Storage Solutions (BESS), an investor and would-be asset owner in the UK, has raised more than £50 million (US$66.18 million) of outside investment, setting its sights on making energy storage project acquisitions in Britain.
In the past month we have heard a lot about the future of storage in the UK. From plans by the government and regulator to enable greater flexibility across electricity networks to changes to technical rules governing the market, there's been a sense that a great deal is changing. Analyst Lauren Cook of Solar Media's in-house market research team takes a look at the utility-scale pipeline figures behind the headlines.
US-headquartered independent solar power developer 8minutenergy Renewables announced Tuesday that it has expanded into the energy storage sector with a 1GW project pipeline.
Energy efficiency solutions provider and energy storage developer Anesco is to partner with "technology-driven utility" Limejump to deliver 185MW of energy storage capability in the UK into August’s capacity market, with plans for the units to be brought online by the end of 2018.
The world pipeline for energy storage on the utility side of the meter has doubled in the past year, reaching 3.4GW, according to new research by I.H.S.