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.
Energy Storage News
North Sky Capital has announced the closing of two investment funds at US$300 million.
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.
The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).
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)
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.
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.
Carnegie Clean Energy Limited has announced that it has received firm commitments for a AUD5 million (US$3.74 million) capital raise via the issue of AUD0.08 (US0.06) per share convertible notes which will be used to refinance an existing AUD500,000 working capital bank facility currently in place with its 100% owned solar/battery microgrid developer Energy Made Clean Pty Ltd.
AES Distributed Energy, Inc., a subsidiary of the AES Corporation, and Kauai Island Utility Cooperative have announced the execution of a power purchase agreement for an innovative plant that will provide solar energy together with the benefits of battery-based energy storage for optimal balancing of generation with peak demand.
Pertamina-led consortium has secured first place in the bidding for US$2 billion contract for 1.6 GW power plant Java-1. The plant will be located in West Java, Indonesia.
VTTI, the global independent provider of energy storage, and Energia Naturalis Holding (ENNA), have signed an agreement for the purchase by VTTI of 70% of Adriatic Tank Terminal (ATT) in the Port of Ploce (Croatia), the main Adriatic deep-water port.
SUSI Energy Storage Fund successfully closes its first transaction, investing in a 12 MW portfolio of Canadian Energy Storage assets
The SUSI Energy Storage Fund has closed its first investment, participating in the financing of a portfolio of two Energy Storage projects in Ontario, Canada.
Carnegie Wave Energy Limited has announced that it has signed a AUD3.69 million (US$2.81 million) Debt Financing Agreement to support the world’s first solar, battery and wave integrated microgrid project in Australia.
The Connecting Europe Facility (CEF) of the European Union has awarded an additional €8.28 million (US$9.26 million) to Project CAES Larne, NI – a 330 MW energy storage project using compressed air energy storage technology (CAES) which is being developed by Gaelectric on the Islandmagee peninsula near the port town of Larne in Northern Ireland.
Gaelectric, a company that develops and operates renewable energy projects in wind, bioenergy, and solar, has announced the appointment of Barry Gavin as Chief Executive Officer.
The Australian Renewable Energy Agency (ARENA) is providing A$17.4 million (US$13.25 million) funding support for Conergy to build and operate a 10.8 MW (AC) solar photovoltaic (PV) plant with 1.4 MW / 5.3 MWh of lithium-ion battery storage in the Lakeland region of North Queensland, Australia.
Stem, a firm focused on software-driven energy storage, has announced that its project financing pool now exceeds US$350 million with the addition of up to US$100 million in new financing from investment affiliates of Starwood Energy.
Construction of the first stage of Kennedy Energy Park will commence early in 2017 having received development approval last week. Kennedy is an innovative wind, solar and storage hybrid energy solution comprising of 30 MW of Wind, 20 MW of Solar and 2 MW of Li ion battery storage.
Macquarie Capital has completed a transaction to provide capital for the joint development and construction of a US$200 million fleet of the Advanced Microgrid Solutions' (AMS) landmark energy storage projects.