Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
Developer-operator GridStor has acquired a battery energy storage system (BESS) project in Oklahoma, US totalling 200MW/800MWh from Black Mountain Energy Storage (BMES).
Scale Microgrids and Dispatch Energy, two US commercial and industrial (C&I) distributed generation and storage providers, have secured new capital for growth through acquisition and capital commitments, respectively.
Freyr has completed the acquisition of Chinese firm Trina Solar’s Texas solar manufacturing assets, completing its transition from a European battery company to a US solar one.
System integrator Wärtsilä has launched its newest energy management system (EMS) platform, while power solutions manufacturer Generac has acquired a company that makes them.
We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.
Developer Tion Renewables AG has acquired a 10MW/13MWh battery energy storage system (BESS) project in Thuringia, Germany, whilst pulling out of a deal in the UK.
US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports.
