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A UK solar project in the portfolio of NextEnergy Solar Fund, another of the invest manager's funds. Image: NextEnergy Solar Fund.

Investment manager NextEnergy Capital acquires 400MW BESS, 132MWp solar projects in Greece

January 12, 2023
UK-headquartered NextEnergy Capital has acquired six standalone battery storage and six solar PV projects in Greece.
Rendering of H2 Inc Enerflow VRFB units with electrolyte tanks and balance of plant equipment. Image: H2 Inc.

Flow battery maker behind ‘US’ biggest project’ closes Series B funding round

January 12, 2023
US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.
vanadium flow stryten cmblu

Flow battery firms Stryten and CMBlu make moves in US market

January 11, 2023
Flow battery firms Stryten Energy and CMBlu Energy have made moves to accelerate the commercialisation of their products in the US this week.
leeward california financing

Leeward closes US$260 million financing for 352MWh solar-plus-storage project in California

January 11, 2023
Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.
Acciona Energia ERCOT Texas qcells

Italian firms Redelfi and Altea buy 400MW battery storage project in ERCOT, Texas, for up to US$8.5 million

January 11, 2023
A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million.
Artistic rendering to promote Form Energy's battery tech. The company has also received DOE demonstration project funding elsewhere. Image: Form Energy.

Year in review 2022: Long-duration storage with iron-air battery company Form Energy

January 11, 2023
Mateo Jaramillo, CEO of long-duration energy storage startup Form Energy responds to our questions on 2022 and the year ahead.
A Caban Systems-managed cellphone tower in the Dominican Republic. Image: Caban Systems via Twitter.

US telecom, infrastructure battery specialist Caban raises US$51 million for global expansion

January 11, 2023
Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.
Ceremony to start construction of a pumped hydro plant by Jagan Mohan Reddy, chief minister of Andhra Pradesh, India. The project is one of a number by Greenko, a prolific participant in tenders. Image: CMO Andhra Pradesh via Twitter.

‘India’s first dispatchable renewables company’ Greenko plans 11GWh Madhya Pradesh pumped hydro plant

January 11, 2023
Greenko, an Indian power producer creating a 24/7 renewable energy proposition has announced US$1.2 billion PHES project.
neoen sweden battery finland nidec asi

Nidec starts building 40MW battery storage system for Neoen in Sweden

January 10, 2023
France-headquartered independent power producer (IPP) Neoen has given system integrator Nidec ASI the green light to start work on a 40MW battery storage unit in Sweden, Neoen’s first in the country.
RWE werne battery storage

Germany: RWE 117MW hydro-coupled battery storage to begin commercial operations imminently

January 10, 2023
International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany.

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