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Connected Energy CEO on getting second-life business model ready for EV industry boom

June 28, 2022
Matthew Lumsden, CEO Connected Energy, talks us through scaling up the business in preparation for an EV boom from 2025 onwards.
IESA's VISION 2030 report was launched at India Energy Storage Week earlier this month. Image: IESA.

IESA: India ‘needs at least 160GWh of energy storage’ to meet 2030 renewable energy target

June 27, 2022
To integrate a targeted 500GW of non-fossil fuel energy onto India’s networks by 2030, at least 160GWh of energy storage will be needed.
sunlight group

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.
Rendering of CS Energy's 200MWh Chincilla BESS project, announced by the state-owned group earlier this year. Image: CS Energy.

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.
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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.
Early concept rendering of the Vametco mini-grid's battery system. Image: Abengoa.

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.
Ground mount solar photovoltaic (PV) modules at the Hickory Park site in Mitchell County, Georgia. Image: RWE.

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.
Astoria Generating Station. New York's largest single peaker plant site has an important legacy with a dark side. It's also among the first to have a committed plan to replace some of its capacity with batteries, by owner Eastern Generation. Image: wikimedia user tim1337

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 ireland

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.
matrix renewables

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.

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AES completes phase one construction of largest solar-plus-storage project in the US

Senate Finance Committee reconciliation bill draft keeps energy storage ITC, cuts solar PV, wind and EV incentives

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California Energy Commission public information meeting for Engie BESS project draws huge interest

Hithium starts manufacturing ‘world-first’ 1175Ah cell as industry ‘enters era of LDES’

Powin files for Chapter 11 bankruptcy protection and spins off project services business

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The dynamics of BESS and cell supplier relationships

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