London-based investor NextEnergy Capital has closed a US$480 million tranche of investment in its NextPower V ESG (NPV ESG) fund, which is targeting solar and battery storage.
Energy trader Danske Commodities will optimise a BESS for parent company Equinor, while optimisation specialist Habitat Energy will manage a large fleet for investor Gresham House.
Renewable energy developer TagEnergy has closed a €570 million (US$622 million) green bond for its solar, wind and energy storage pipeline in the UK, Europe and Australia.
Dutch utility Eneco is planning a 50MW/200MWh battery storage project in Belgium for commissioning next year, and called for more policy action on storage from its own government in the Netherlands.
Investors Harmony Energy and JLEN have energised battery storage projects in the UK, while the government is considering a VAT exemption for home battery storage.
Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.