A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.
Germany is regularly described as Europe’s hottest market for energy storage, but its current regulatory framework is holding it back and changes down the line are also a concern.
The California Public Utilities Commission (CPUC) has launched a US$280 million initiative to help low-income residents of the state install battery storage and solar panel systems.
Spain’s Ministry of the Environment has formally launched its latest financial support scheme for energy storage, aiming to kickstart the deployment of 2.5-3.5GW of projects.
