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.
Energy Storage News
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.
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.
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.
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.
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.
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.