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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.
Intersect Power's Athos III project in Riverside, California, which is currently under construction. Image: Intersect Power.

US developer Intersect secures US$750 million for renewables, energy storage pipeline

July 4, 2022
Intersect Power has secured US$750 million funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.
Image: FREYR Battery.

FREYR Battery expands gigafactory plan amid pledge of support from Norway’s government

June 30, 2022
FREYR Battery will go ahead with construction of its first battery gigafactory in Norway, which has announced a National Battery Strategy.
fotowatio frv tyler hill uk battery storage greece

UK’s Harmony Energy gets US$74 million debt facility from retail bank Natwest

June 24, 2022
Harmony Energy has secured a £60 million debt facility from major UK retail and commercial banking group NatWest.

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