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ingrid capacity sweden karlshamn project battery storage

Sweden’s Ingrid Capacity gets US$100 million investment from shipping group BW’s BESS subsidiary

April 28, 2023
A battery storage subsidiary of maritime company BW Group has committed to investing in Swedish energy storage developer Ingrid Capacity.
energy dome orsted

Long-duration ‘CO2 Battery’ maker Energy Dome closes €40 million Series B

April 27, 2023
Energy Dome, the European startup with a long-duration energy storage system technology based on CO2, has closed its Series B funding round.
While the 83% year-on-year drop sounds dramatic, Q1 2022 was an outlier due to the inclusion of LG Energy Solution's US$10.7 billion IPO which itself accounted for 83% of that quarter's total. Image: Solar Media using Mercom Capital data.

Corporate funding for battery storage companies slows down in Q1 2023

April 18, 2023
Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.  
Commercial rooftop solar installation in Vietnam, which has plenty of solar PV, but very little energy storage. Image: Sungrow

Asian Development Bank partnership prioritises Vietnam BESS rollout, Indonesia coal phaseout

April 18, 2023
Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.
The ACT government posted this picture, described as a 'generic artist impression,' although regular readers might note the similarity of the units' design to those of Fluence's Gridstack and Cube products. Fluence is also working with Eku on its 400MWh project with Shell Energy. Image: ACT Government

Australian Capital Territory awards 500MWh BESS project to Macquarie-backed developer Eku Energy

April 13, 2023
ACT government has partnered with developer Eku Energy to deliver its flagship Big Canberra Battery project.
Key Capture Energy New York

Hunting the ‘missing money’ in New York’s energy storage market

April 4, 2023
New York is often considered among leading US states for energy storage, based on ambition and favourable policy direction rather than action.
Centrica's Roosecote battery energy storage system (BESS) project in England. Image: Centrica.

UK Infrastructure Bank, Centrica to invest up to £265 million in energy storage

April 4, 2023
UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc.
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Texas: ITC-aided 200MW merchant project comes online, CATL in 5GWh supply deal

March 30, 2023
Texas continues to be a hotbed for energy storage activity, as CATL announces major supply deal and first project to get ITC comes online.
eolian investment tax credit standalone energy storage

US energy storage industry grapples complexity, cost of ITC tax equity transactions

March 28, 2023
The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.
electriq power spac merger listing IPO

California distributed battery storage company Electriq Power in ‘estimated’ US$300 million deal

March 17, 2023
Electriq Power, a US provider of battery storage solutions, has secured a deal that could be worth more than US$300 million.

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Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

Lightshift Energy to build Vermont’s largest BESS

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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

California’s battery storage installations grow to almost 16GW

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

Fluence grows US manufacturing footprint with Arizona factory opening

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