Making project finance work for battery energy storage projects
Why securing project finance for energy storage projects is challenging. It has traditionally been difficult to secure project finance for energy storage for two key reasons. Firstly, the nascent
Battery Innovator Form Energy Secures $30M California Grant for
Developer, using Iron-air technology instead of lithium-ion for long-duration storage, will build first state facility at PG&E plant site—as U.S. battery installation set
Maine''s first giant battery project set for construction in Gorham
The $100 million-plus project will feature 156 tractor trailer-like containers spread across five acres in the Gorham Industrial Park, stuffed with lithium iron phosphate batteries.
Amador Energy Storage
The Amador Energy Storage Project is 100% owned by the Taaleri SolarWind III fund, managed by Taaleri Energia, a Finnish-based wind, solar and battery energy storage developer and fund manager. Construction is planned start in
Europe''s most powerful battery park to be built in
Evecon, an Estonian renewable energy company, and Corsica Sole, a French company, will build two battery energy storage systems with a total capacity of 200 megawatts in Harju County by 2025. The battery parks
Utilitas is building Tallinn''s largest solar park
The new solar park complements the already existing Väo energy complex of Utilitas, where green energy is produced in two combined heat and power plants, and in one smaller solar park. Next year, both green
Axpo to build battery storage in Sweden
The lithium-ion based facility will be built in Landskrona and connected to the grid by local energy company Landskrona Energi. Axpo will build a 20MW/20MWh lithium-ion based battery storage facility in the south of Sweden, which will
Hithium launches Eastern Europe''s largest BESS Project
July 9th, Bulgaria - Stationary battery manufacturer Hithium has successfully deployed the largest battery energy storage system (BESS) project in Eastern Europe to date, with a capacity of
OCED Issues Notice of Intent for up to $100 Million for
Today, the U.S. Department of Energy''s (DOE) Office of Clean Energy Demonstrations (OCED) issued a Notice of Intent (NOI) for up to $100 million to fund pilot-scale energy storage demonstration projects, focusing on