Avangrid to build 82MWh Oregon BESS project
Spanish utility Iberdrola’s subsidiary Avangrid has announced plans to construct a 41MW/82MWh BESS facility in Gilliam County, Oregon.
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Generation IM Raises Over $1 Billion for Sustainable Transformation-Focused Private Equity Fund
Generation Investment Management, a sustainability-focused investment firm chaired by former U.S. Vice President Al Gore, announced today the close of Sustainable Private Equity Fund II (SPEF II), raising more than $1 billion for the sustainable transformation-focused fund. The fund is…
World Bank Drops Climate Finance Target Under U.S. Pressure
The World Bank Group announced that it will extend its Climate Change Action Plan, its strategy to support countries and private sector clients to address climate and development challenges together, but that it will also retire a key target committing…
EnBW, Elements Green and VPI launch construction, enlist suppliers for 2.5GWh of BESS in Germany
EnBW and VPI have launched construction on large-scale BESS projects in Germany, while Elements Green and Eku Energy have agreed supply and acquisition deals respectively for separate 400MW/1,600MWh projects.
EU Roundup: Axpo and e-Storage partner in Italy, RES secures Nordic asset management deal, R.Power sells Poland BESS to Engie
Axpo and e-Storage have partnered on a BESS in southern Italy, RES Group has signed a full-scope battery asset management agreement in Sweden, while R.Power has agreed to sell a Poland BESS project to Engie.
Sustainable Nutrition Startup Protein Brewery Raises $20 Million
Food technology company Protein Brewery announced today that it has raised €18 million (USD$20.5 million) in an extension of its Series B funding round, led by new investor ABN AMRO Sustainable Impact Funds, bringing the company’s total funding raised to…
CATL, CALB among backers of new China BESS industry payment and contracting initiative
On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’
Energy North submits 1GW off-grid hyperscale data centre with 16GWh of battery storage to Australia’s EPBC Act
Energy North has submitted a proposed 1GW hyperscale data centre campus with a co-located 16GWh BESS to Australia’s EPBC Act.
Neoen Australia begins construction on 963MWh battery storage system at 440MWp solar PV plant
French independent power producer (IPP) Neoen Australia has begun construction of a 215MW/963MWh battery energy storage system (BESS) at its 440MWp Culcairn Solar Farm in New South Wales, Australia.
Akaysha Energy’s 1,660MWh Orana BESS reaches commercial operations in Australia
BlackRock-backed developer Akaysha Energy has announced that its 1,660MWh Orana BESS has reached commercial operations in Australia.