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gore street capital energy storage fund

UK BESS investor Gore Street reports strong financials despite macroeconomic headwinds

December 21, 2022
Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.
origis mitsubishi florida southeast us battery storage

Mitsubishi Power deploying 600MWh of battery storage for Origis in Southeast US

December 21, 2022
The power solutions arm of Mitsubishi Heavy Industries will deploy three co-located battery storage projects for Origis Energy in the Southeast United States.
A 10MW PV plant in Germany. Image: Enerparc.

Independent power producer ILOS Projects raises €500 million for European solar, storage pipeline

December 21, 2022
ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.
Public services such as electric power are the second biggest blackmail target among global industry sectors.
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Data protection: Safeguard the path to digitalisation of power networks

December 21, 2022
The average cost of a data breach in the energy industry is US$6.39 million for a single incident, according to research published by IBM.
The plant will have an initial 1GWh annual production capacity before quickly ramping up to double that by 2025. Image: NV Gotion.

Gotion JV plans EV and BESS battery pack and module gigafactory in Thailand

December 20, 2022
Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.
philippines energy storage system investment policy

Southeast Asia’s emerging energy storage opportunities

December 20, 2022
Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.
texas ercot spearmint energy

Spearmint Energy breaks ground on 300MWh ERCOT battery storage project

December 19, 2022
Battery storage developer Spearmint Energy has started building a 150MW/300MWh unit in the ERCOT, Texas market, its first project.
hynfra claritas battery storage poland

Firms Claritas and Hynfra to deploy 500MW of energy storage in Poland

December 19, 2022
Investor Claritas and system integrator Hynfra Energy Storage (HES) have signed a framework agreement to deploy half a gigawatt of utility-scale battery energy storage in Poland.
Project stakeholders attend a blessing event to mark the start of construction in August 2022. Image: WEL Networks.

New Zealand energy generator-retailer Meridian proceeds with 100MW/200MWh BESS project

December 15, 2022
New Zealand state-owned energy company Meridian Energy has committed to a 100MW battery storage project with BESS to be provided by Saft.
eskom south africa rfp battery storage

South Africa’s Eskom issues notice for 36MW/146MWh battery storage as CEO resigns

December 15, 2022
South Africa’s grid operator Eskom has issued a procurement notice for two grid-scale battery projects totalling 36MW/146MWh of energy storage, while the state-owned company’s CEO resigned this week.

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NY local town officials call on moratorium to suspend 1GWh BESS, State representatives issue support for project

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How Canada is driving 8-12GW of storage deployments by 2035 – ESC report

Axpo, energieUri and Fluence building 58.6MW of Swiss BESS

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Dominion receives approval to develop 400MWh BESS in Virginia after fire safety concerns alleviated 

Samsung SDI to start US BESS manufacturing from 2026

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