Subscribe To Premium
Premium Subscription

Vote for Outstanding Contribution to Energy Storage Award!

Energy Storage Awards, 21 November 2024, Hilton London Bankside
Cast a Vote

mergers and acquisitions

Hill Farm, one of Zenobe Energy's BESS projects in the UK. Image: Zenobe.

Manufacturers, materials dominate Mercom 2023 list of top VC-funded energy storage companies

January 26, 2024
UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.
sonnen

Shell putting residential storage and VPP firm sonnen up for sale – reports

September 7, 2023
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
zenobe kkr

Private equity firm KKR agrees US$1 billion deal for UK developer Zenobē – reports

September 5, 2023
US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports.
largo resources clean energy vanadium strategic review

Vanadium producer Largo undertaking ‘strategic review’ of downstream venture

August 30, 2023
Vanadium producer Largo Inc has appointed financial advisors to undertake a “strategic review” of its downstream energy storage deployment arm Largo Clean Energy.
One of Broad Reach Power's earlier Texas projects, pictured during construction in 2020. Image: Broad Reach Power.

ENGIE acquires Broad Reach Power BESS business for ‘over US$1 billion equity value’

August 24, 2023
French multinational utility ENGIE has agreed to acquire the battery storage business of US developer Broad Reach Power.
mercedes benz energy second life energy storage
Premium

Mercedes-Benz Energy CEO: second life ESS market going into consolidation phase

March 8, 2023
The second life energy storage market is about to enter a consolidation phase, CEO of Mercedes-Benz Energy tells Energy-Storage.news.
A BESS site in the UK developed by Noriker Power, which Equinor has also invested in. Image: Noriker Power.

Equinor-owned US clean energy developer in hunt for battery storage projects to acquire

January 25, 2023
East Point Energy, a US-based clean energy developer, is on its first drive to buy up projects since the company’s acquisition by Equinor.
M&A activity in the sector has taken a massive leap after three years of steady growth. Source: Mercom Capital Group.

Energy storage sector corporate funding at all-time high in 2022

January 18, 2023
Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.
masdar

Masdar acquires UK battery storage developer Arlington Energy

October 26, 2022
Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.
The first BESS in Australia to deliver grid-forming capabilities, Hitachi Energy's 30MW/8MWh project in Dalrymple, South Australia. Image: Hitachi Energy.

Hitachi buys out ABB’s remaining stake in energy and power grids business

October 4, 2022
Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.

Email Newsletter

Most Popular

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

Premium

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

Upcoming Events

The Battery Show North America 2024

October 7
 - October 10
, 2024
Huntington Place Detroit, MI

Electric & Hybrid Vehicle Technology Expo North America 2024

October 7
 - October 10
, 2024
Huntington Place Detroit, MI

PV CellTech USA 2024

October 8
 - October 9
, 2024
San Francisco Bay Area, USA

Unlocking the Power of BESS in Latin America and the Caribbean: The Critical Role of Local Partnerships

October 8
 - October 8
, 2024

Energy Storage Summit Latin America 2024

October 15
 - October 16
, 2024
Santiago, Chile

Solar & Storage Finance USA 2024

October 22
 - October 23
, 2024
New York, USA
Energy-Storage.News is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2024. All rights reserved. Informa Markets, a trading division of Informa PLC.