finance

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.
KCE NY-1, the first grid-scale energy storage project completed in New York, availed of the bulk storage incentives offered by NYSERDA through its Bridge Incentive programme. 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.
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.
Victorian Big Battery, Australia's largest BESS project to date. The state of Victoria has set its own ambitious energy storage deployment target policy. 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.

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