Finance Archives - Energy Storage

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Industry

Antidumping investigation could more than double cost of EV, energy storage batteries in the U.S. Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.

Dec 20, 2024

Industry

Sonnedix: Co-locating BESS to play “big, big role” in growth following €3.25 billion refinancing Axel Thiemann, CEO of Sonnedix, told ESS News co-locating battery energy storage systems (BESS) with its European assets is a major focus following its recent refinancing. Currently its co-located BESS portfolio is just over 1 GW.

Blathnaid O’Dea

Dec 20, 2024

Manufacturing

Gotion allocates $2.63 billion for battery gigafactories in Morocco, Slovakia The Chinese manufacturer is pumping in substantial investments towards 40 GWh of battery cell manufacturing abroad.

Dec 19, 2024

Finance

Grenergy sells stake in Chile’s Oasis de Atacama project for close to billion dollars The portfolio sold to independent power producer (IPP) ContourGlobal includes 451 MW of solar and 2.5 GWh of storage.

Dec 19, 2024

Finance

ABB to acquire Gamesa’s power electronics, storage business ABB has agreed to purchase Gamesa’s power electronics and storage business, which produces doubly fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar inverters.

Pilar Sanchez Molina

Dec 18, 2024

Industry

Developers close $538 million for 1.2 GWh battery storage facility in Canada The Hagersville Park financing qualifies as a green loan. Once commissioned, the project will be one of Canada's largest battery energy storage (BESS) sites.

Blathnaid O’Dea

Dec 18, 2024

Manufacturing

Rotterdam plans 1 GW fab to make battery-powered electrolyzers Battolyser Systems' (BLS) product is a patented dual-purpose electrolyzer with a battery function.

Pilar Sanchez Molina

Dec 18, 2024

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All Finance news

Industry

Antidumping investigation could more than double cost of EV, energy storage batteries in the U.S. Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.

Dec 20, 2024

Industry

Sonnedix: Co-locating BESS to play “big, big role” in growth following €3.25 billion refinancing Axel Thiemann, CEO of Sonnedix, told ESS News co-locating battery energy storage systems (BESS) with its European assets is a major focus following its recent refinancing. Currently its co-located BESS portfolio is just over 1 GW.

Blathnaid O’Dea

Dec 20, 2024

Manufacturing

Gotion allocates $2.63 billion for battery gigafactories in Morocco, Slovakia The Chinese manufacturer is pumping in substantial investments towards 40 GWh of battery cell manufacturing abroad.

Dec 19, 2024

Finance

Grenergy sells stake in Chile’s Oasis de Atacama project for close to billion dollars The portfolio sold to independent power producer (IPP) ContourGlobal includes 451 MW of solar and 2.5 GWh of storage.

Dec 19, 2024

Finance

ABB to acquire Gamesa’s power electronics, storage business ABB has agreed to purchase Gamesa’s power electronics and storage business, which produces doubly fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar inverters.

Pilar Sanchez Molina

Dec 18, 2024

Industry

Developers close $538 million for 1.2 GWh battery storage facility in Canada The Hagersville Park financing qualifies as a green loan. Once commissioned, the project will be one of Canada's largest battery energy storage (BESS) sites.

Blathnaid O’Dea

Dec 18, 2024

Manufacturing

Rotterdam plans 1 GW fab to make battery-powered electrolyzers Battolyser Systems' (BLS) product is a patented dual-purpose electrolyzer with a battery function.

Pilar Sanchez Molina

Dec 18, 2024

Industry

Neoen lands $890m loan for additional 1.3 GW of renewables in Australia The operational, 270 MW/540 MWh first stage of the Western Downs battery and the under-construction 341 MW/1,363 MWh second phase of the Collie battery are covered by a new AUD 1.4 billion ($889 million) package of loans.

Dec 18, 2024

e-zinc

Finance

California grants $42 million for Marine Corps Camp zinc-ion battery storage project Awarded by California’s Long Duration Energy Storage program, the grant will enable International Electric Power to install a 48 MWh of storage at one of the country’s busiest military installations.

Dec 17, 2024

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