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US energy storage investor Eolian continues to raise funds with US$515 million Green Loan

June 7, 2023
Eolian has taken the amount of financing it has raised in just three years since founding to more than a billion-and-a-half-dollars.
A containerised battery storage project in California, branded with Hecate Grid logo.

IPP Hecate Grid raises US$98.9 million for ‘laser-focused’ standalone energy storage deployment

February 8, 2023
Hecate Grid, an independent power producer (IPP) developing utility-scale battery storage assets, has raised US$98.9 million through lenders.
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Spain’s Matrix Renewables gets construction financing for California solar-storage hybrids

October 27, 2022
Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.
Eos Znyth battery storage unit on its production line near Pittsburgh. Image: Eos Energy Enterprises via Twitter.

Eos moves ahead in DOE loan application to support 3GWh zinc BESS manufacturing goal

September 14, 2022
Eos Energy Enterprises has progressed to the due diligence stage in its application for a share of US$2.5 billion in US government loans.
Construction activity underway at the site. Image: Qcells / PRWeb.

US$150 million financing closed by Qcells for largest standalone BESS in Texas’ ERCOT market

September 9, 2022
Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.
ReNew Power CEO, chairman and founder Sumant Sinha visits one of the company's wind projects in Jagalur, India. Image: ReNew Power via Twitter.

ReNew Power claims India’s ‘biggest ever’ finance deal made for battery-backed renewable energy project

August 18, 2022
US$1 billion financing has been secured for ‘Round-The-Clock’ renewables, claimed as India’s biggest single-project clean energy deal.
Wildfire season causes many problems each year in the US including impacts on the electric grid and peoples' ability to keep the lights on. Pictured is a 2013 wildfire at Yellowstone National Park. Image: Mike Lewelling, National Parks Service via Flickr.

Biden launches US$5 billion grid resiliency grant programme for disadvantaged communities

July 26, 2022
The US Department of Energy has launched 140 programmes to advance equitable development of climate, sustainability, and health measures.
2021 infographic on the project. Image: Mitsubishi Power Americas.

Department of Energy confirms US$504 million loan to 300GWh Utah hydrogen energy storage hub

June 9, 2022
Utah project claimed as largest green hydrogen storage hub planned globally will get loan funding from the US Department of Energy.
An existing FlexGen BESS project in Texas. Image: FlexGen.

Ameresco secures US$262m towards California battery contracts and growing portfolio

March 10, 2022
Ameresco has secured a US$262 million increase to its credit facility, supporting the company’s 2.1GWh battery project in California. 
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Peer-to-peer lending group puts in AU$100m funding for South Australia home battery scheme

October 31, 2018
An extra AU$100 million (US$70.76 million) of funding could be put into a rebate scheme for households buying energy storage systems in South Australia, after a peer-to-peer lending group stepped in.

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Chile: Engie energises 418MWh BESS, Canadian Solar wins turnkey contract for 312MWh project

Philippines president on hand at inauguration of country’s first LFP ‘gigafactory’

KKR provides US$450 million debt financing for US BESS firms Powin and Peregrine

UK’s Gresham House says first-half 2024 results hit by ‘especially difficult market conditions’

VRB Energy plans flow battery factories in China, US

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NextEra, Brightnight and Cordelio seek gen-tie permits for 550MW of Arizona solar-plus-BESS

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