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Battery Storage Player Element Energy Secures $28 Mn Fresh Financing

California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia

The renewable energy penetration looks bullish in the South East Asia. The new evidence comes from the fact that the Asian Development Bank (ADB) has signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 GW of solar power in Cambodia. According to statement […]

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Wind Energy And Battery Storage To Combine For Baseload Supply To BHP In Australia

Baseload power, the final hurdle for renewable energy, especially wind and solar, looks set to face its first assault from renewables. French renewable energy developer Neoen, which has been involved with multiple big battery and renewable projects in Australia, has signed a first of its kind “baseload” contract with mining first BHP to supply power […]

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NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK

Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […]

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Borrego Solar Launches Platform for Solar, Battery Storage Procurement

USA-based Borrego Solar has launched a solar and battery storage procurement marketplace and optimization solution called ‘Anza’. The proprietary technology engine behind the Anza digital marketplace is a cost and performance modeling software that identifies the most optimized solar module and storage components based on customer-provided project details. Borrego Solar is a leading EPC and […]

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Property Manager CBRE To Focus On Solar, Battery Storage

Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […]

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