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finance
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.
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.
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.
Microsoft Climate Innovation Fund, Bank of America among funders of Africa mini-grid push
June 21, 2022
Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million funding.
‘Totally realistic revenue assumptions’: How Belgium’s biggest BESS got financed
May 31, 2022
The story behind EStor-Lux, Belgium’s biggest BESS to date.
Scotland’s first transmission system-connected battery storage project underway
May 3, 2022
Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.
Eos gets investor’s US$200 million financing commitment for zinc battery storage
April 29, 2022
Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.
US$1.9 billion financing secured for ‘milestone’ Nevada solar-plus-storage project
April 26, 2022
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.
Corporate funding into battery storage rose to US$12.9 billion in Q1 2022, Mercom says
April 21, 2022
Battery storage companies raised US$17 billion in corporate funding in 2021 but have raised US$12.9 billion already this year.
Green Bitcoin mining proof of concept using Tesla solar and battery storage
April 13, 2022
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.
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