Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.  

Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.

Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project.

Luna Battery Storage, a 100MW/400MWh BESS project in California, is now online and serving community choice aggregator Clean Power Alliance.

US$1 billion financing has been secured for ‘Round-The-Clock’ renewables, claimed as India’s biggest single-project clean energy deal.

Harmony Energy has secured a £60 million debt facility from major UK retail and commercial banking group NatWest.

Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million funding.

Community solar owner-operator Summit Ridge has secured US$15 million in project financing for two battery energy storage system projects in New York City, US.

The story behind EStor-Lux, Belgium’s biggest BESS to date.

Insurance is a cornerstone of de-risking financing and investment into energy storage