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finance
US$750 million credit facility raised for US solar, battery storage by Origis Energy
March 10, 2023
Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US.
Nippon Koei, Aquila bring online 25MW/100MWh battery project in Belgium
March 2, 2023
One of Belgium’s largest battery energy storage system projects so far has been brought online at the site of a former coal power plant.
Developer Enfinite brings online 40MW/70MWh of battery storage in Alberta, Canada
February 27, 2023
Alberta-based developer Enfinite has commissioned two grid-scale battery storage projects in the Canadian province.
Diversifying a US$200 billion market: The alternatives to Li-ion batteries for grid-scale energy storage
February 21, 2023
The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.
Canada’s TransAlta buys 50% stake in 4.8GWh Alberta pumped hydro project
February 20, 2023
TransAlta has acquired a 50% stake in an early-stage development pumped hydro energy storage (PHES) project in Alberta.
LG Energy Solution commits to ‘transparency’ on ESG
February 16, 2023
LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).
India’s Union Budget ‘should include tax breaks for energy storage’
January 30, 2023
India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.
UK battery gigafactory startup Britishvolt slides into administration
January 19, 2023
Britishvolt going into administration has been dubbed “a real shame” by the Association for Renewable Energy and Clean Technology.
US’ tax credit incentives for standalone energy storage begin new era
January 5, 2023
The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.
Independent power producer ILOS Projects raises €500 million for European solar, storage pipeline
December 21, 2022
ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.
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