investment

August 2, 2022
Developer Black Mountain Energy Storage (BMES) has sold 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas, ERCOT market in two months.
July 29, 2022
Broad Reach Power is the latest US battery storage industry player to announce US$100 million or more in financing over the past few weeks.
July 28, 2022
Another edition of our news in brief from the energy storage industry focusing on the bustling UK market.
July 26, 2022
Developer Cypress Creek Renewables has acquired four standalone energy storage projects totalling 400MW/600MWh in Texas, US, from Black Mountain Energy Storage (BMES).
July 26, 2022
The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.
July 26, 2022
E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.
July 25, 2022
The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.
July 22, 2022
Battery storage deployments on the California ISO (CAISO) grid slowed in the lead-up to the peak summer season, with no new battery energy storage connected in May and only 65MW added in June.
July 22, 2022
Generate Capital has acquired US large-scale battery storage developer esVolta.
July 21, 2022
State-owned power company PGE Group has obtained regulatory approval to build a 200MW/820MWh battery energy storage system (BESS) in Poland.

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