Business

December 19, 2024
State-owned EPC firm China Power Construction Group (Power China) recently concluded a 16GWh BESS supply tender, which resulted in extremely low prices amidst a squeezing of market share and increased buying power from state-owned companies, an S&P analyst told Energy-Storage.news.
December 19, 2024
Engie has signed an ‘energy storage as a service’ contract with technology provider Energy Dome for a long-duration energy storage (LDES) project in Sardinia, Italy.
December 18, 2024
Innergex Renewable Energy has closed a US$100 million bridge loan for the Hale Kuawehi battery energy storage system (BESS) project in Hawaii.
December 18, 2024
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for a loan of up to US$15 billion to California utility Pacific Gas & Electric Company (PG&E).
December 18, 2024
BESS has won big in Poland’s capacity market (CM) auction for 2029 delivery, with potentially 2.5GW of projects winning contracts including from Axpo, OX2, R.Power, FRV and PGE.
December 18, 2024
A flurry of grid-scale energy storage news from Europe, with large-scale projects progressed in Kosovo, Switzerland and Croatia involving Millenium Challenge Corporation, Intilion and NGEN respectively.
December 18, 2024
Sembcorp has successfully bid into a Solar Energy Corporation of India (SECI) tender to build a large-scale solar PV project paired with battery storage.
December 18, 2024
Lightsource bp has selected Hithium as the supplier of battery storage technology for a 222MW/640MWh solar co-located project in Queensland, Australia.  
December 18, 2024
French independent power producer (IPP) Neoen has secured AU$1.4 billion (US$890 million) in capital to help fund energy storage and solar PV projects in Australia.
December 17, 2024
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).

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