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loans and lending
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.
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.
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 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.
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 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.
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.
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.
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.
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.
Newsletter
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US ROUNDUP: BESS portfolio deals, investment and partnerships for Energy Vault, SMT Energy, NeoVolta and SK On
US power conversion manufacturers in spotlight: Power Electronics builds Houston factory, Heron Power lands RWE pilot
BESS Industry Buzz: Owner vs trader returns, market saturation, more Northvolt M&A, alt technologies’ differing fortunes
SMA battery inverter first to win grid-forming certification for German inertia market
LG Energy Solution partners with B2U Storage for second life US BESS projects
US utilities Ameren Missouri, DTE Energy in Michigan, and Black Hills Energy in Colorado submit IRPs with highlighted BESS additions
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