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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.
Anne Fischer
Dec 20, 2024
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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
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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.
Vincent Shaw
Dec 19, 2024
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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.
Luis Ini
Dec 19, 2024
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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
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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
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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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Finance
EQT acquires German battery developer ju:niz Energy German battery energy storage system (BESS) developer ju:niz Energy has been acquired by EQT, with the Swedish investor announcing the move as part of a new strategy to back energy transition-related infrastructure and businesses.
Max Hall
Dec 06, 2024
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Industry
Ace Green Recycling to list on NASDAQ, build battery plants in US While Ace is active in several global markets, its CEO and founder Nishchay Chadha, said the United States will be key to its future expansion plans.
Blathnaid O’Dea
Dec 06, 2024
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Manufacturing
European battery manufacturing to get $3.15bn Europe’s battery manufacturing industry is set to receive a significant funding boost to stimulate activity and competition thanks to a new partnership between the European Commission and the European Investment Bank (EIB). Their efforts will result in €3 billion ($3.15 billion) of public support.
Blathnaid O’Dea
Dec 05, 2024
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Grid-scale
HMC Capital aquires Neoen’s Victoria assets for $611m The French developer has sold the sites after Canadian asset manager Brookfield agreed a deal with the Australian Competition and Consumer Commission (ACCC) to acquire a controlling stake in Neoen.
Ev Foley
Dec 05, 2024
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Finance
US-focused renewable energy investment bank launched Catalina Energy Capital says it has three significant solar and battery energy storage infrastructure deals complete and is on track to advise on more than 4 GW of solar and storage assets in 2024.
Anne Fischer
Dec 05, 2024
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Industry
BVES Investor Summit: “Making money with BESS is easier than ever” The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
Marija Maisch
Nov 29, 2024
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Finance
ADB invests in 396 MWh of storage in Thailand, Sri Lanka’s first grid-scale battery The Asian Development Bank has signed an $820 million loan for twelve renewable energy projects in Thailand, including 396 MWh of battery storage. It has also agreed a $200 million funding package in Sri Lanka that will help develop the country’s first grid-scale battery storage facility.
Patrick Jowett
Nov 28, 2024
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Finance
SolarEdge announces closure of its Energy Storage Division SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.
Tristan Rayner
Nov 27, 2024
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Policy
US Energy Department $290m loan guarantee for Sunwealth virtual power plant The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems (BESS) in a virtual power plant across up to 27 states.
Anne Fischer
Nov 27, 2024
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