The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

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December 12, 2023
Li-Cycle is exploring “strategic alternatives” after pausing work on its main recycling facility in New York following soaring project costs while industry peer AquaMetals claims to Energy-Storage.news that its facility is 60% cheaper to build.
October 4, 2023
The West African Development Bank (BOAD) has approved a US$24 million loan for a solar and storage project in Senegal with a 15MW/45MWh battery energy storage system (BESS).
August 1, 2023
Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.
July 31, 2023
US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning.
July 18, 2023
Developer Jupiter Power has announced US$70.4 million in loan financing for two battery storage projects in ERCOT, Texas, arranged by First Citizens Bank.
July 4, 2023
Australian renewables and storage developer Genex Power has switched on its first battery storage project and entered a joint development agreement (JDA) with Japan’s J-Power.
June 28, 2023
Leyline Renewable Capital has provided loans to developers RAI Energy and Grid Connected Infrastructure (GCI) for solar and storage projects.
June 13, 2023
Developers Spearmint Energy, On.Energy, Nexus Renewables and Granite Source Power have collectively secured US$300 million for US battery storage projects, the bulk by Spearmint.
June 12, 2023
Vertically integrated US energy storage company Kore Power has received a conditional commitment from the US Department of Energy (DOE) for a $850 million loan for its Arizona gigafactory.
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.

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