Tag: Energy Storage

EWEC Seeks Developers for 400-MW Energy Storage Project in Abu Dhabi

Emirates Water and Electricity Company (EWEC) has issued a request for proposals (RFP) for a 400-MW/800-MWh energy storage project...

Energy Storage Sector Sees 117% Surge in Corporate Funding in First Half of 2024

Global corporate funding in the energy storage sector surged by 117% year-on-year in the first half of 2024, reaching...

Eku Energy Secures Approval for 250-MW Battery Storage Project in Canberra

Eku Energy, the UK battery platform of Macquarie’s Green Investment Group (GIG), has received development approval for a 250-MW/500-MWh...

Repsol in Talks to Acquire Remaining Stake in Hecate Energy Group

Spanish multi-energy group Repsol SA is in discussions with Hecate Holdings LLC to potentially acquire its 60% stake in...

EDP Renovaveis Signs 24-Year Agreement for 200-MW Battery System in Arizona

Portuguese renewables company EDP Renovaveis SA (EDPR) has signed a 24-year capacity tolling agreement in Arizona for a 200-MW/800-MWh...

Recurrent Energy Secures €50 Million EIB Loan for Italian Solar Projects

Recurrent Energy, a subsidiary of Canadian Solar, has achieved financial close on a €50 million loan from the European...

TotalEnergies Greenlights 100-MW Battery Storage Project in Germany

French energy major TotalEnergies SE has approved the final investment decision for a 100-MW/200-MWh battery energy storage system (BESS)...

Balance Power Secures GBP 5.1 Million Debt Facility for Energy Projects

UK independent energy developer Balance Power has secured a GBP 5.1 million (USD 6.59 million/EUR 6.05 million) debt facility...

Clearway Energy Secures Over USD 700 Million for California Solar and Storage Projects

Clearway Energy Group has finalized a construction financing deal exceeding USD 700 million (EUR 643.3 million) to commence work...

Aypa Power Secures $650 Million Credit Facility to Expand Renewable Energy and Storage Projects

Aypa Power, a renewables and energy storage firm supported by Blackstone, has finalized a $650 million corporate credit facility...

Ethical Power Secures BoP Contract for 47.5-MW Battery Storage Project in Cornwall

Ethical Power has been awarded a contract by Varco Energy for the Balance of Plant (BoP) activities associated with...

Corre Energy Urges EU to Implement Long-Duration Energy Storage Policies

Corre Energy has called on newly elected Members of the European Parliament and EU policymakers to implement supportive policies...