Investor NextEnergy Capital has received a US$110 million capital commitment for its solar PV and energy storage-focused fund, NextPower V ESG (NPV ESG).
Utility EWEC (Emirates Water and Electricity Company) has invited developers to submit expressions of interest (EOI) for a 400MW battery energy storage system (BESS) project in the UAE.
Developer rPlus and utility PacifiCorp have amended an existing PPA for a solar-plus-storage project, to increase the energy storage resource’s planned size from 400MWh to 1,600MWh.
We discuss a 40MWh project in Finland with both the BESS provider Merus Power and customer/project owner eNordic, the investment manager in the region for private equity firm Ardian.
EU body EIT InnoEnergy has launched a new platform for owning and operating energy storage assets across Europe, called Repono, targeting a 10% market share of an expected 1TWh market by 2030.
A 150MW battery energy storage system (BESS), to be deployed along with 373MW of solar PV as part of the Cleve Hill Solar Park project, has reportedly been rejected by the local planning authority in the UK.
Masdar Arlington Energy, Renewable Power Capital and TagEnergy have broken ground on, acquired and financed projects UK battery energy storage system (BESS) projects totalling 162MW of power.
Renewables developer and operator Arevon Energy has secured US$1.1 billion in debt and tax equity financing for a solar-plus-storage project in California which features a 150MW/600MWh BESS.
The first energy storage asset built using Wärtsilä’s new Quantum High Energy battery energy storage system (BESS) solution will be a 300MW/600MWh project in Scotland, UK.
Multinational utility and IPP RWE has completed three co-located battery energy storage system (BESS) projects in the US, totalling 190MW/360MWh, with another 2GWh-plus under construction.
