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.
Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.
With the European energy transition seemingly in full effect, why isn’t the Netherlands all in on energy storage? Andy Colthorpe speaks with Ruud Nijs, CEO of GIGA Storage and member of the board for Energy Storage NL (ESNL).
The largest battery energy storage system (BESS) project in the Netherlands so far will also be Europe’s first large-scale grid storage project to use lithium iron phosphate (LFP) battery technology.
The opportunities for energy storage in the US continue to grow and grow, but moving away from contracted revenue structures to merchant risk projects will be a challenge, especially for lenders.
Funding has been raised towards the execution of two battery energy storage projects in Virginia and Texas with a total capacity of 400MW / 1,400MWh, from a partnership of two investment groups and a power project development company.