Listing via the Hong Kong Stock Exchange is emerging as a key financing pathway for China’s energy storage players, writes Carrie Xiao.

FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.

Competition from Chinese manufacturers put Powin on a tricky footing, even before industry headwinds dealt the company what appears to have been a lethal blow.

A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.

A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.

Battery storage developers and owner-operators Eku, Alcemi, Field and Energy Optimisation Solutions (EOS) make UK project progress with finance and planning approvals.

ESN Premium speaks with Chloe Hicks of EnergyCo about New South Wales’ Renewable Energy Zones (REZ) and its hopes for energy storage.

Financial close was achieved on a 270MWh battery storage project in Belgium by removing as much asset and revenue risk as possible, Energy-Storage.news has heard.

KNESS has secured a €9.6 million (US$10.35 million) loan from Oschadbank for a battery storage project in Ukraine.

The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.