Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Debt and equity financing worth US$1.9 billion has been closed for one of the US’ largest solar-plus-storage power plants to date.

Battery storage companies raised US$17 billion in corporate funding in 2021 but have raised US$12.9 billion already this year. 

Tesla’s Megapack as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US.

e-Zinc, which claims its zinc metal-based battery technology could provide low-cost, long-duration energy storage has raised US$25 million. 

News in brief from around the world in energy storage, this time with a distinctly UK flavour.

Insurance is a cornerstone of de-risking financing and investment into energy storage

Developer Alcemi and investment group CIP have partnered for the development, construction and operation of a 4GW UK BESS portfolio.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.