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Corporate funding into energy storage companies: the first nine months of this year have already blown away the full-year totals for 2019, 2020 and 2021. Image: Solar Media, data from Mercom Capital reports.

Energy storage corporate funding so far this year already exceeds 2021 total, Mercom says

October 27, 2022
More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.
colombia italy matrix emeren

Spain’s Matrix Renewables gets construction financing for California solar-storage hybrids

October 27, 2022
Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.
hydrostor silver city australia compressed air energy storage

Australia throws AU$45 million support behind advanced compressed air energy storage project

October 25, 2022
ARENA funding will support Hydrostor’s advanced compressed air energy storage (A-CAES) project in New South Wales.
Anthony Albanese (pictured) and the Labor Party have taken on board the need for storage in making clean energy dispatchable, Dr Bruce Mountain said. Image: Anthony Albanese's office via Twitter.

Australia’s AU$20 billion transmission initiative supports Tasmania’s ‘Battery of the Nation’

October 19, 2022
Australia’s government has put its support behind two major transmission projects which will increase the utilisation of renewable energy.
FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

What do we know about battery storage risk?

October 17, 2022
Any new energy technology asset class comes with risk that needs to be recognised, write Liam McEneaney and Daniel Stevens at AXIS Insurance.
uk energy storage

UK’s Gresham House Energy Storage Fund reports 53.5% net asset value increase in half-year financials

October 3, 2022
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).
nigeria sterling wilson

EPC Sterling & Wilson working on solar projects in Nigeria with 455MWh of battery storage

September 27, 2022
Sterling and Wilson has signed a memorandum of understanding with the government of Nigeria to develop and construct PV and BESS projects.
Key Capture Energy's portfolio of operational assets is largely based in Texas' ERCOT market, but the company was also an early mover into New York, delivering some of that state's first projects, a feat Bishop perhaps wants to repeat in Michigan and MISO. Image: Key Capture Energy.

NYSERDA designing programmes to incentivise New York’s 6GW energy storage buildout

September 20, 2022
A solicitation for large-scale energy storage could be hosted in about a year’s time as part of the push towards New York achieving its target of deploying 6GW of energy storage on the grid by 2030.
Rendering of an EVLO battery storage container system, with integrated PCS from EPC Power. Image: EPC Power / EVLO.

Goldman Sachs, Cleanhill Partners buy majority stake in PCS maker EPC Power

September 15, 2022
Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.
Eos Znyth battery storage unit on its production line near Pittsburgh. Image: Eos Energy Enterprises via Twitter.

Eos moves ahead in DOE loan application to support 3GWh zinc BESS manufacturing goal

September 14, 2022
Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.

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