‘A lot of interest in sodium-ion’ from Australian mining and data centres, CATL’s ANZ general manager says
ESN Premium speaks with Zane Zhou of CATL Australia and New Zealand, about TENER+, sodium-ion demand, the Collie BESS and more.
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‘Capital to move our next wave’: Revera Energy doubles holdco facility to US$300 million for BESS in UK and Australia
Revera Energy has doubled its holdco credit facility from US$150 million to US$300 million to fund its BESS pipeline in the UK and Australia.
Australia: Victoria’s SEC secures 4-hour Glenrowan BESS offtake, first BESS units arrive at Gentari’s Maryvale
Victoria’s SEC secures 10-year Glenrowan BESS offtake as Gentari’s first BESS units arrive at NSW’s Maryvale solar-storage project.
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%.
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…