Energy storage system integrators are diversifying their procurement strategies to ease supply chain constraints.

The implementation of regulative security is all that is needed to bring in investment for long duration storage.

GridBeyond is to develop behind-the-meter battery storage across the UK and Ireland, with a financing facility from Triodos.

Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

A number of core challenges remain for lenders in the energy storage market, not least the relative nascency of it.

Eos Energy Enterprises has said that equipment and machinery will begin arriving next month as the zinc-based battery storage company expands its manufacturing facility near Pittsburgh.

Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.

Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 

Aspen Aerogels has raised US$150 million in financing from a Koch family investment firm to help grow its aerogel thermal barrier technology division, including new products which prevent thermal runaway in batteries. 

Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.