NEWSFLASH: Gresham House Energy Storage Fund launches sales process
The UK BESS-owning Gresham House Energy Storage Fund has launched a formal sales process, a decision which has seen its share price jump 10%.
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Lithium-ion bankability may be holding back long-duration storage
Energy storage ranks among the premier technologies for supporting renewable energy deployment and enabling grid stability as capacities increase to meet skyrocketing demand. Lithium-ion battery energy storage systems (BESS) have emerged as cost-effective and widely deployed solutions for an array…
ESG Playbook Launches Solution to Quantify Climate and Energy Risk for Real Estate
Sustainability and business risk software company ESG Playbook announced the launch of its new real estate dashboard, aimed at enabling real estate asset managers, investors and lenders to quantify climate, energy and retrofit risk for buildings. According to ESG Playbook, the…
Samsung C&T acquires Australian HV engineering firm Powertech in $70 million BESS play
Samsung C&T has acquired a majority stake in Australian electrical engineering, procurement, and construction (EPC) contractor Powertech in a deal valued at approximately AUD 100 million (USD$70 million). The transaction surfaced via the Australian Financial Review’s Street Talk column, the…
Brazil Reconsiders Mandatory Sustainability Reporting Just Months After Scrapping Requirement
Brazil’s Securities and Exchange Commission (CVM) announced the launch of a new public consultation into its upcoming sustainability and climate-related reporting system, focused on the benefits and drawbacks of mandatory and voluntary disclosure requirements, and asking for feedback on alternative…
APG Invests €500 Million in Sustainable European Infrastructure with Equitix
Dutch pension fund manager APG, on behalf of its pension fund client ABP, and infrastructure investment manager Equitix announced the launch of a new investment partnership of up to €500 million, targeting essential infrastructure across the UK and continental Europe.…
Armenia introduces interest rate subsidies for storage systems
The Armenian government is subsiding interest rates on loans and leasing for storage devices paired with solar systems. Government provisions, which took effect last week, introduce interest rate subsidies for eligible loans and leasing arrangements when acquiring storage systems that…
Envision claims world first with 800 V DC architecture for AI data center
Envision Energy has claimed a major step in the race to power AI by deploying a power system that integrates solid-state transformers (SST) with battery energy storage systems (BESS). The company announced the project as the world’s first commercial deployment…
Trump bulk power equipment ban sparks industry pushback: ‘Let’s not reinvent the wheel’
US President Donald Trump’s 26 August emergency executive order banning imports of certain foreign-made power equipment has prompted widespread public comment and private concern across the energy storage industry.
Exide Technologies adds mobile remote monitoring for C&I and utility BESS fleet
Exide Technologies has released a new mobile application that provides asset owners, facility managers, and operators with remote, real-time monitoring and analytics for its battery energy storage systems (BESS). The E/ Mega CTRL application, available on iOS and Android devices,…