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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.
Battery storage installation underway at the project. Image: Pattern Energy.

Pattern Energy closes financing on Japanese offshore wind project with 100MW/180MWh battery storage

September 12, 2022
Pattern Energy has achieved financial close on an offshore wind project in northern Japan to include a 100MW battery energy storage system.
Construction activity underway at the site. Image: Qcells / PRWeb.

US$150 million financing closed by Qcells for largest standalone BESS in Texas’ ERCOT market

September 9, 2022
Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.
DNV

Debt-financed 100MW/400MWh battery project serving California non-profit energy supplier

September 5, 2022
Luna Battery Storage, a 100MW/400MWh BESS project in California, is now online and serving community choice aggregator Clean Power Alliance.
ReNew Power CEO, chairman and founder Sumant Sinha visits one of the company's wind projects in Jagalur, India. Image: ReNew Power via Twitter.

ReNew Power claims India’s ‘biggest ever’ finance deal made for battery-backed renewable energy project

August 18, 2022
US$1 billion financing has been secured for ‘Round-The-Clock’ renewables, claimed as India’s biggest single-project clean energy deal.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Australia projects drive trebling of energy storage revenues for Neoen

August 4, 2022
Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.
Longroad Energy’s Sun Streams 2, a 200MWdc solar project located in Maricopa County, Arizona. Image: Longroad.

US$500 million investment into US developer Longroad led by Munich Re asset management arm

August 3, 2022
Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.
Image: esVolta.

Generate Capital enters front-of-the-meter energy storage market with developer acquisition

July 22, 2022
Generate Capital has acquired US large-scale battery storage developer esVolta.
Venture capital funding into energy storage has decreased while debt and public financing become increasingly prevalent. Image: Solar Media from Mercom Capital data.

Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total

July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.

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Lightshift Energy to build Vermont’s largest BESS

California’s battery storage installations grow to almost 16GW

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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

Fluence grows US manufacturing footprint with Arizona factory opening

Germany opening up inertia services for BESS, discussing grid fee reforms

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