Competition from Chinese manufacturers put Powin on a tricky footing, even before industry headwinds dealt the company what appears to have been a lethal blow.
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”.
Battery storage developers and owner-operators Eku, Alcemi, Field and Energy Optimisation Solutions (EOS) make UK project progress with finance and planning approvals.
Financial close was achieved on a 270MWh battery storage project in Belgium by removing as much asset and revenue risk as possible, Energy-Storage.news has heard.
The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.
Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).
