Deutsche Bank, Rabobank Back $936 Million Financing for Battery Storage Expansion in Germany

Energy storage provider Return announced that it has secured €835 million (USD$936 million) in portfolio financing underwritten by Deutsche Bank and Rabobank, aimed at expanding its battery storage capacity in Germany. Founded in 2021, Amsterdam-based Return provides solutions that ensure…

Read MoreDeutsche Bank, Rabobank Back $936 Million Financing for Battery Storage Expansion in Germany

EU Lawmakers Move to Water Down CO2 Emissions Reduction Requirements for Cars

Lawmakers in the European Parliament’s Environment Committee (ENVI) adopted a position in a 48-30 vote to ease CO2 emissions reduction requirements for new cars and vans, supporting a European Commission proposal to ease regulations that would have effectively ended the…

Read MoreEU Lawmakers Move to Water Down CO2 Emissions Reduction Requirements for Cars

GridPoint launches energy storage for existing clients, targets 2 GW of distributed installs

Virginia-based energy intelligence platform GridPoint has announced plans to expand its platform by offering on-site battery energy storage systems to its network of commercial clients.  The company says it is targeting 2 GW of distributed battery capacity, with co-located batteries…

Read MoreGridPoint launches energy storage for existing clients, targets 2 GW of distributed installs