Goldman Sachs and Cleanhill Partners have swooped to acquire a majority stake in EPC Power, a US manufacturer of power conversion systems.

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.

Pattern Energy has achieved financial close on an offshore wind project in northern Japan to include a 100MW battery energy storage system.

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

Luna Battery Storage, a 100MW/400MWh BESS project in California, is now online and serving community choice aggregator Clean Power Alliance.

US$1 billion financing has been secured for ‘Round-The-Clock’ renewables, claimed as India’s biggest single-project clean energy deal.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.

Longroad Energy has secured US$500 million investment to support business model shift from “develop to sale” to ownership of renewables.

Generate Capital has acquired US large-scale battery storage developer esVolta.

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