Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
UK clean energy and transport solutions developer Zenobē Energy has established a multi-source debt structure of £241 million (US$326 million) to fund capital investment into e-buses and charging infrastructure.
Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid.
The Indian government’s decision to classify grid-scale energy storage as infrastructure addresses the industry’s “biggest concerns” by making investments easier to facilitate, Energy-Storage.news has heard.
Battery storage companies raised 159% more corporate funding in 2021 than in 2020, with funding activity reflecting the “significance of battery energy storage in the energy transition,” analysis group Mercom Capital has said.
The year has gotten off to a frenetic start, with plenty of news from the global solar and energy storage sectors to digest on the January 2022 episode of the Solar Media Podcast.
“Extensive works” to house two 125MW turbines have begun at Australia’s first new pumped hydro energy storage (PHES) plant in nearly 40 years, developer Genex Power has said.
Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.
A programme incentivising the deployment of customer-sited energy storage systems (ESS) has been launched by the two main investor-owned utilities serving the US state of Connecticut.
US$100 million in financing has been secured for US community solar, battery storage and hybrid solar-plus-storage projects by developer Nexus Renewables.
