Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.
It was a busy week of news in the UK’s grid-scale energy storage market last week, with BESS projects put into operation by Eku Energy and Harmony Energy Income Trust (HEIT), and projects in the gigawatt-hour scale announced by ESB and Apatura in Scotland.
PV inverter and battery energy storage system (BESS) provider Sungrow has signed an agreement with two major developers to supply BESS systems for an upcoming UK storage project.
Developer Kona Energy has been granted consent for the construction and operation of its Smeaton BESS project in Scotland, which will total 228MW/456MWh of energy storage capacity.
The North American arm of Sweden’s Eolus Vind has secured financing and advanced the sales process for its 100MW/400MWh Pome standalone BESS facility located in San Diego County, California.
Developer Jupiter Power has begun operating a battery storage project in Houston which CEO Andy Bowman claimed is “the first of its scale” in the Texas, US city.
