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Battery energy storage system
Finance
India raises subsidized battery target to 13.2 GWh The Indian government has increased the battery energy storage target of its viability gap funding (VGF) program to 13.2 GWh. The subsidy scheme provides financial support for up to 40% of battery energy storage system (BESS) project capital costs.
Uma Gupta
21 hours ago
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Finance
Pacific Green completes sale of 500 MWh Australian battery The Limestone Coast North Energy Park (LCNEP), which has been bought by Intera Renewables, has an enterprise value of AUD 460 million ($292 million).
Ev Foley
22 hours ago
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Finance
CATL reports profit growth despite revenue decline, announces $2.8bn dividend plan The world's leading battery maker sees profit rise 15% in 2024, driven by cost efficiencies and technology advancements, while expanding its global footprint with a $5 billion Hong Kong listing plan.
Vincent Shaw
Mar 20, 2025
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Finance
More than $600m for four US utility-scale batteries Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility-scale battery energy storage projects, which will take shape in Texas, Michigan, and an undisclosed location. Two of the planned sites are set to operate on a merchant basis.
Max Hall
Mar 19, 2025
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Finance
Two landmark financing deals for UK BESS total GBP 400 million Constantine Energy Storage closes GBP 180 million financing deal for 9-asset UK battery energy storage system (BESS) portfolio, while Zenobe announces GBP 220 million finance deal for a standalone BESS in the Scottish Borders.
Matthew Lynas
Mar 19, 2025
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Finance
Foresight Group preps $248m offer for Harmony’s British batteries Yorkshire-based energy storage developer Harmony Energy Income Trust plc has installed seven battery energy storage systems (BESS) in England and one in Scotland. It has been attempting to sell its assets since May 2024.
Max Hall
Mar 18, 2025
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Finance
EU approves Spain’s €700m energy storage subsidy plan The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Pilar Sanchez Molina
Mar 18, 2025

All Finance news

View article
Battery energy storage system
Finance
India raises subsidized battery target to 13.2 GWh The Indian government has increased the battery energy storage target of its viability gap funding (VGF) program to 13.2 GWh. The subsidy scheme provides financial support for up to 40% of battery energy storage system (BESS) project capital costs.
Uma Gupta
21 hours ago
View article
Finance
Pacific Green completes sale of 500 MWh Australian battery The Limestone Coast North Energy Park (LCNEP), which has been bought by Intera Renewables, has an enterprise value of AUD 460 million ($292 million).
Ev Foley
22 hours ago
View article
Finance
CATL reports profit growth despite revenue decline, announces $2.8bn dividend plan The world's leading battery maker sees profit rise 15% in 2024, driven by cost efficiencies and technology advancements, while expanding its global footprint with a $5 billion Hong Kong listing plan.
Vincent Shaw
Mar 20, 2025
View article
Finance
More than $600m for four US utility-scale batteries Recurrent Energy, Jupiter Power and Peregrine Energy Solutions have secured finance for a cumulative 550 MW of utility-scale battery energy storage projects, which will take shape in Texas, Michigan, and an undisclosed location. Two of the planned sites are set to operate on a merchant basis.
Max Hall
Mar 19, 2025
View article
Finance
Two landmark financing deals for UK BESS total GBP 400 million Constantine Energy Storage closes GBP 180 million financing deal for 9-asset UK battery energy storage system (BESS) portfolio, while Zenobe announces GBP 220 million finance deal for a standalone BESS in the Scottish Borders.
Matthew Lynas
Mar 19, 2025
View article
Finance
Foresight Group preps $248m offer for Harmony’s British batteries Yorkshire-based energy storage developer Harmony Energy Income Trust plc has installed seven battery energy storage systems (BESS) in England and one in Scotland. It has been attempting to sell its assets since May 2024.
Max Hall
Mar 18, 2025
View article
Finance
EU approves Spain’s €700m energy storage subsidy plan The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%.
Pilar Sanchez Molina
Mar 18, 2025
View article
Finance
UK’s largest solar and storage project secures financial close Quinbrook completes financing for Cleve Hill Solar Park in Kent, England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025. The developer claims contract for difference, capacity market and power purchase agreements (PPAs) were critical to securing project financing.
Matthew Lynas
Mar 17, 2025
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Policy
Spain preps grants for energy storage and grid demand management A consultation exercise has been opened into a plan to distribute European Regional Development Fund (ERDF) cash into large-scale energy storage and grid flexibility sites and into customer-side electricity demand management technology.
Pilar Sanchez Molina
Mar 17, 2025
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