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KORE power clean energy manufacturing 45x gigafactory

KORE Power closes first US$75 million tranche of fundraise round

December 1, 2022
KORE Power, a company developing a lithium-ion gigafactory project in the US, has closed the initial $75 million tranche of a US$150 million fundraising round.
brazil energy storage

TSO inaugurates 30MW BESS in Brazil

November 30, 2022
A 30MW battery energy storage system has been inaugurated by transmission system operator (TSO) ISA CTEEP in Brazil.
Kontrolmatik

Turkish firm Kontrolmatik expects US$900 million in IRA incentives for US gigafactory

November 29, 2022
Turkish company Kontrolmatik Technologies expects over US$900 million in incentives from the Inflation Reduction Act to 2032 for its US gigafactory, with Powin one of its first offtakers.
Grid-scale battery storage project in the Philippines. Image: Wartsila.

Philippines regulators consider energy storage ownership rules and definition – report

November 29, 2022
The Philippines Department of Energy (DOE) and regulators are considering changing rules governing ownership of grid-connected energy storage systems.
enel chile wind power bess battery storage

Enel Green Power building wind plus storage project in Chile

November 28, 2022
The renewables arm of multinational energy firm Enel has started work on a project combining wind turbines and a 34MW battery energy storage system (BESS) in Chile.
rwe germany solar storage wind battery PV co-located

RWE building two co-located energy storage projects in NRW, Germany

November 28, 2022
European utility and power generation firm RWE is building two co-located energy storage projects totalling 10.6MW in North-Rhine Westphalia, Germany.
Swell-Energy-rooftop-solar

US virtual power plant specialist Swell Energy raises US$120 million for 600MWh portfolio

November 23, 2022
Swell Energy has raised US$120 million funding towards its 600MWh virtual power plant programme across the US.
crimson largest biggest energy storage 2022 recurrent energy canadian solar tolling

UBS orders 2.6GWh of battery storage from Canadian Solar’s integrator subsidiary

November 22, 2022
CSI Solar has received an order for battery energy storage systems (BESS) from UBS Asset Management.
Public consultations have been held with Benin localities over the minigrid projects, with community approval required for each to go ahead. Image: OCEF.

Financing closed for Benin solar-battery minigrids by EDF-backed joint venture partners

November 18, 2022
New company deploying off-grid renewable energy solutions in Benin will carry out €8.5 million of electrification projects within a year.
berenberg swiss life asset managers german utility scale energy storage market bcp battery holding

Berenberg finances 32MWh BESS projects in Germany

November 17, 2022
Munich-headquartered international banking firm Berenberg has provided debt financing for two battery energy storage projects in eastern Germany totalling 32MWh.

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