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Energy Storage News

Funds sign MoU  to develop 3 GW solar-plus-storage projects in Saudi Arabia

Funds sign MoU to develop 3 GW solar-plus-storage projects in Saudi Arabia

🕔Nov 3, 2017

Saudi Arabia’s Public Investment Fund (PIF), has signed a Memorandum of Understanding (MoU) with SoftBank Vision Fund (SBVF) to jointly fund the development of 3 GW of solar photovoltaic and storage capacity in Saudi Arabia.

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Powin Energy Closes Project Financing from Brookfield Renewable for its Stratford Energy Storage System

Powin Energy Closes Project Financing from Brookfield Renewable for its Stratford Energy Storage System

🕔Oct 31, 2017

Powin Energy Corporation has secured construction to term project financing from renewable power company Brookfield Renewable Partners for its 8.8 MW/40.8 MWh Stratford Energy Storage Project in Stratford, Ontario, Canada

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SUSI Energy Efficiency Fund closes second transaction in Spain

SUSI Energy Efficiency Fund closes second transaction in Spain

🕔Oct 26, 2017

SUSI Energy Efficiency Fund has closed its second transaction in the Spanish market financing a public energy efficient lighting agreement signed between the Spanish energy service company Rubatec and the municipality of Calafell, near Barcelona (Spain).

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ARENA​ ​to​ ​help​ ​fund​  ​30 MW​ ​South Australia​ ​battery project

ARENA​ ​to​ ​help​ ​fund​ ​30 MW​ ​South Australia​ ​battery project

🕔Sep 5, 2017

A​ ​new​ ​large-scale​ ​battery,​ ​​will​ ​be​ ​built​ ​in​ ​South​ ​Australia​ ​with​ ​support​ ​from the​ ​Australian​ ​Renewable​ ​Energy​ ​Agency​ ​(ARENA).

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South Australia launches call for proposals under Renewable Technology Fund

South Australia launches call for proposals under Renewable Technology Fund

🕔Sep 1, 2017

The State Government of South Australia is calling for expressions of interest (EOI) from businesses interested in accessing a share of a AUD150 million (US$119 million) Renewable Technology Fund (RTF).

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IPPToday #47: Queensland's Renewables 400 program attracts strong interest

IPPToday #47: Queensland's Renewables 400 program attracts strong interest

🕔Aug 30, 2017

The Queensland Government’s auction for 400MW of large-scale renewable energy generation and storage has attracted interest from more than 200 business, including project developers, investors and local small businesses.

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TRIG acquires energy storage project from RES

TRIG acquires energy storage project from RES

🕔Aug 18, 2017

RES (Renewable Energy Systems) has announced the acquisition of its 20MW energy storage project in Broxburn, West Lothian, by The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners.

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Cypress Creek Renewables Launches Portfolio of Battery Projects

Cypress Creek Renewables Launches Portfolio of Battery Projects

🕔Jul 14, 2017

Cypress Creek Renewables has announced its collaboration with United Renewable Energy to co-develop a series of 12 solar-plus-storage projects with Brunswick Electric Membership Corporation (EMC) in North Carolina.

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EIB mulls loan for Gambia PV & storage project

EIB mulls loan for Gambia PV & storage project

🕔Jul 11, 2017

The European Investment Bank (EIB) may provide finance to Gambia’s National Water and Electricity Company for a solar power-plus-storage and grid upgrade project in the country.

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IPPToday #11: AES closes US$2 billion in financing for 1.4 GW Southland repowering project

IPPToday #11: AES closes US$2 billion in financing for 1.4 GW Southland repowering project

🕔Jul 6, 2017

The AES Corporation has announced the closing of US$2.0 billion in long-term, non-recourse financing for its 1,384 MW Southland repowering project in Southern California.

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IPPToday #9: EWE to build the world’s largest battery project

IPPToday #9: EWE to build the world’s largest battery project

🕔Jul 4, 2017

EWE GASSPEICHER GmbH, a wholly owned subsidiary of the Oldenburg-based utility company EWE, has announced its intentions to build the world’s largest battery by employing the well-known redox flow battery principle (in which electrical energy is stored in a liquid) along with new, environmentally friendly components in underground salt caverns.

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Enel Green to acquire US-based EnerNOC

Enel Green to acquire US-based EnerNOC

🕔Jun 30, 2017

Enel Green Power North America, Inc. (EGPNA), an Enel Group subsidiary, has signed an agreement, unanimously approved by the board of directors of US-based company EnerNOC, to purchase 100% of EnerNOC for a total consideration of approximately US$250 million.

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Enel buys 25 MW UK battery project from Element Power

Enel buys 25 MW UK battery project from Element Power

🕔May 19, 2017

Enel has purchased the Tynemouth stand-alone battery energy storage system (BESS) project located in Newcastle, in UK, by acquiring 100% of the shares in Tynemouth Energy Storage Limited from the European based energy developer and operator Element Power.

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North Sky closes two clean energy funds at US$300 MM

North Sky closes two clean energy funds at US$300 MM

🕔May 19, 2017

North Sky Capital has announced the closing of two investment funds at US$300 million.

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San Diego water board looking into pumped storage hydro

San Diego water board looking into pumped storage hydro

🕔May 16, 2017

The San Diego County Water Authority board of directors has authorized the Water Authority, in conjunction with the City of San Diego, to begin seeking detailed proposals for a potential energy storage facility at San Vicente Reservoir.

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SUSI Energy Storage Fund reaches first closing

SUSI Energy Storage Fund reaches first closing

🕔Apr 5, 2017

The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).

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TRIG to acquire £100M wind and storage power projects in Scotland

TRIG to acquire £100M wind and storage power projects in Scotland

🕔Apr 4, 2017

TRIG, The Renewables Infrastructure Group Ltd, is considering the potential acquisition of a battery storage project and a Welsh wind farm in Scotland for a total amount of £100 million (US$125 million)

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South Australia launches tender process for 100 MW battery project

South Australia launches tender process for 100 MW battery project

🕔Mar 21, 2017

The State Government of South Australia has opened a two-week Expression of Interest period for national and international companies interested in building Australia’s largest grid-scale battery in South Australia.

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Victoria launches a request for expression of interest for 20-MW battery storage facility

Victoria launches a request for expression of interest for 20-MW battery storage facility

🕔Mar 2, 2017

The government of the Australian state of Victoria has announced a call for Expressions of Interest to build Australia's first grid scale battery storage facility.

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AES Corporation to develop India’s first grid-scale energy storage system

AES Corporation to develop India’s first grid-scale energy storage system

🕔Jan 20, 2017

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