NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK Updated On Wed, Nov 2nd, 2022 by Saurenergy 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 […] Read more
ENGIE Acquires 6 GW of Solar, Storage Capacity From Belltown Power US Updated On Fri, Oct 28th, 2022 by Saurenergy ENGIE North America has announced it has acquired a 6-GW portfolio of solar, paired and standalone battery storage development projects from Belltown Power US. The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage. Belltown Power looks into the greenfield development […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
World’s Largest Single Phase Energy Storage Project is Now Operational Updated On Wed, Oct 19th, 2022 by Saurenergy Solar power conglomerate Canadian Solar subsidiaries Recurrent Energy and CSI Energy Storage, along with Axium Infrastructure, have announced that the Crimson Storage, a 350 MW / 1400 MWh standalone energy storage project, is now in operation and providing flexible capacity to the California grid. Axium Infrastructure acquires, develops, finances, operates, and manages infrastructure assets. According […] Read more
US Army Opts for Lead Batteries, US Firms to Develop Storage Updated On Wed, Oct 19th, 2022 by Saurenergy The US Army has chosen advanced lead battery energy storage systems to enhance its operational effectiveness in disaster zones and combat. A project led by Paragon Solutions and the Consortium for Battery Innovation (CBI) is providing a new set of systems that can provide power for critical military operations anywhere in the world. Paragon, an […] Read more
China’s CATL to Supply Battery to 690 MW Gemini Solar + Storage Project Updated On Wed, Oct 19th, 2022 by Saurenergy Global battery manufacturing major Contemporary Amperex Technology Company Limited (CATL) has announced that it has entered a sole battery supply agreement with Primergy Solar for a record breaking $1.2 billion Gemini Solar+Storage Project that lies outside of Las Vegas, Nevada, USA. Primergy Solar is a developer, owner and operator of utility and distributed scale solar […] Read more
Finnish Firm Wärtsilä Commissions Netherland’s Largest Energy Storage System Updated On Tue, Oct 11th, 2022 by Saurenergy The technology group headquartered in Finland, Wärtsilä has said that it has commissioned of its first energy storage project in the Netherlands, which is the country’s largest system to date. Rob Jetten, Minister for Climate and Energy, and Ruud Nijs, CEO of GIGA Storage BV, joined Wärtsilä in the ribbon cutting ceremony of the project. […] Read more
Fluence, TransnetBW To Build 250 MW Energy Storage System Updated On Thu, Oct 6th, 2022 by Saurenergy Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […] Read more
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
