investment

Community solar firm Summit Ridge bags investment to expand geographical footprint

United States community solar owner-operator Summit Ridge Energy has secured a US$ 175 million investment from private equity firm Apollo Global Administration.

Jul 15, 2022 // Markets & Finance News, investment, Community Solar, summit ridge energy, Apollo Global Management, community storage

Netherlands grid operators making use of batteries to soothe bottlenecks

Grid operators in the Netherlands are trialling the capacity of large battery storage to soothe bottlenecks in the grid.

Jul 12, 2022 // Storage, Grids, Europe, solar-plus-storage, Netherlands, investment, colocation, renewables integration

Building starts on 200MWh Fluence BESS projects in Lithuania for 2022 conclusion

Building has started on the initial of four battery energy storage space systems (BESS) amounting to 200MW/200MWh from worldwide system integrator Fluence in Lithuania.

Jun 30, 2022 // Storage, Blockchain, Ukraine, Europe, investment, lithium-ion, Lithuania, EU, Fluence, Siemens Energy, renewables integration

Sun Cable's Australian solar-storage project deemed financial investment prepared

A project in Australia that can include up to 17-- 20GWp of solar as well as 36-- 42GWh of energy storage space has been categorised as financial investment all set by a federal government agency.

Jun 24, 2022 // Markets & Finance News, ENERGY STORAGE, Northern Territory, Australia, Asia, solar-plus-storage, Oceania, investment, Singapore, Sun Cable, Australia-Asia PowerLink

Off-grid solar attracted record US$ 450m investment last year

Financial investment in the off-grid solar industry hit a record US$ 450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).

Jun 13, 2022 // Markets & Finance News, investment, Gogla, off-grid, equity finance, sun king, debt finannce, grants

Energy Dome releases globe's initial multi-megawatt 'CO2 Battery' project in Sardinia, Italy

Italian start-up Energy Dome has actually launched the first demonstrator project of its carbon dioxide-based energy storage space remedy, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.

Jun 9, 2022 // Storage, Italy, Europe, investment, carbon dioxide, Energy Dome, renewables integration, series b

China's compressed air energy storage industry makes progress

A 300MWh compressed air energy storage system capacity has actually been linked to the grid in Jiangsu, China, while a pressed air storage start-up in the nation has increased nearly US$ 50 million in a financing round.

Jun 1, 2022 // Storage, Grids, China, Asia, investment, peak shaving, long-duration, funding round, compressed air energy storage

Canadian Solar unveils PV manufacturing strategy shift targeting greater control over upstream supply

Canadian Solar has actually unveiled a brand-new PV production strategy, bringing even more upstream capacity inhouse to minimize its direct exposure to rates volatility.

May 24, 2022 // Manufacturing News, USA, Canadian Solar, investment, North America, module manufacturing, materials, solar wafers, department of commerce, AD/CVD, solar ingots

Bluefield Solar gets 80MW BESS for ₤ 4.5 million

London-listed solar and storage financier Bluefield Solar Income Fund has actually acquired 2 40MW battery energy storage system (BESS) projects for ₤ 4.5 million (US$ 5.7 million).

May 24, 2022 // Markets & Finance News, Storage, UK, Europe, investment, Bluefield, colocation, grid stabilising, renewables integration

French renewable developer Akuo commissions biggest BESS projects in Tonga and also Martinique

French renewable power producer and also programmer Akuo Energy has commissioned a 29.2 MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique

May 23, 2022 // Storage, France, Europe, Oceania, investment, lithium-ion, Tonga, grid stabilising, renewables integration, martinique

Powin Energy to supply Idaho's very first utility-scale storage project

System integrator Powin Energy has actually been chosen by Idaho Power to supply 120MW/524MW of battery energy storage space system (BESS) projects, the state's first utility-scale storage space advancements.

May 5, 2022 // Storage, USA, investment, North America, CATL, Idaho, Powin Energy, renewables integration

Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds

Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.

Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point

Energy Vault declares 100MWh gravity storage space project in China will begin building and construction in Q2

A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.

Feb 4, 2022 // Storage, China, Asia, investment, startup, Energy Vault, project news, nyse, SPAC, gravity energy storage, licensing

Magnora raises stake in Swedish solar perovskite startup Evolar

Renewables investor Magnora has actually increased its ownership in Swedish solar cell modern technology business Evolar from 40.7% to 50%.

Dec 21, 2021 // Technology, Manufacturing News, Sweden, Europe, perovskite, investment, thin film, Tandem cells, evolar, magnora

Wells Fargo makes maiden solar-storage tax equity financial investment

Significant US bank Wells Fargo has actually shut its maiden tax equity financial investment right into a colocated solar-storage project currently incomplete in New Mexico, United States.

Dec 2, 2021 // Markets & Finance News, Storage, USA, investment, North America, Wells Fargo, tax equity, solar-storage, hybrid solar

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