Tag: battery storage

SUNOTEC acquires SIA DSE Lazas Solar from Danish Sun Energy 

SUNOTEC acquires SIA DSE Lazas Solar from Danish Sun Energy 

July 8, 2025 | , ,

SUNOTEC has acquired 100 per cent share capital in the SIA DSE Lazas Solar from Danish Sun Energy ApS to build a new PV solar power plant. The plant has a total capacity of 400 MWp with a storage capacity of 600 MWh battery storage. The project is located in Cīrava Rural Territory, Lazas parish, Dienvidkurzeme Municipality, and is expected to be commissioned in March 2027. The project’s first phase received ready-to-build permit earlier in June 2025

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Gamuda inks agreement to co-develop renewable energy projects in Australia

Gamuda inks agreement to co-develop renewable energy projects in Australia

July 4, 2025 | , , , ,

Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.

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Future of Pakistan’s Electricity Grid: Report

Future of Pakistan’s Electricity Grid: Report

July 4, 2025 | , ,

Battery storage adoption is accelerating in Pakistan’s residential, commercial, and industrial sectors, driven by high electricity costs and declining solar component prices. Consumers are combining solar with Battery Energy Storage Systems (BESS) to reduce grid dependence, lower energy bills, and improve reliability. This trend is expected to continue as battery economics improve. Pakistan imported an estimated 1.25 gigawatt-hours (GWh) of BESS in 2024. Unmanaged BESS growth could destabilize Pakistan’s national grid by reducing demand and raising capacity payments.

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Arevon Energy commences operations of 200 MW energy storage project in San Diego

Arevon Energy commences operations of 200 MW energy storage project in San Diego

June 27, 2025 | , ,

Arevon Energy has commenced commercial operations at its Peregrine energy storage project. It is a 200 MW/400 MWh battery storage project in San Diego, California. The $300 million project was developed and is fully owned and operated by Arevon. The project features modern lithium-iron phosphate batteries. Furthermore, it employed over 90 full-time equivalent personnel at the height of construction.

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California Energy Commission approves solar plus storage project in Fresno County 

California Energy Commission approves solar plus storage project in Fresno County 

June 18, 2025 | , ,

The California Energy Commission (CEC) has approved the Darden Clean Energy Project under the state’s Opt-In Certification program. The project will be built in western Fresno County, California. It consists of a 1,150 MW solar facility and up to 1,150 MW (4,600 MWh) of battery storage. The Opt-In Certification program provides a consolidated state permitting option for eligible clean energy projects.

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rPlus Energies secures financing for Utah solar plus storage project

rPlus Energies secures financing for Utah solar plus storage project

June 11, 2025 | , , ,

rPlus Energies has secured the close of tax equity financing commitment with RBC Community Investments and a syndicate of investors. The tax equity financing commitment exceeds $500 million and will support the Green River Energy Center, situated in Emery County, Utah. It is a solar-plus-storage project. The Green River Energy Center includes 400 MWac of solar PV and 400 MWac/1,600 MWh of battery storage.

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Onyx Renewables secures $260 million credit facility to develop clean energy projects in US

Onyx Renewables secures $260 million credit facility to develop clean energy projects in US

June 10, 2025 | , ,

Onyx Renewables has secured the closing of a $260 million credit facility. The credit facility will be used to support the growth of the company’s portfolio of distributed energy projects across US. The facility comprises a term loan, revolving line of credit, and a $10 million letter of credit facility that will directly support the ongoing construction and operation of Onyx Renewables’ clean energy infrastructure projects, including onsite solar PV and battery storage.

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Our customers’ appetite for green energy remains strong: Engie’s Catherine MacGregor

Our customers’ appetite for green energy remains strong: Engie’s Catherine MacGregor

May 20, 2025 |

What is undisputable is that our customers’ appetite for green energy remains strong. There are many markets in the US where significant load growth is expected and our conviction remains that renewable and BESS should benefit from their short time to market relative to gas and nuclear. As of now, we benefit from a big level of optionality. Remember, we have a pipeline of 115 GW, 80 GW of this is outside North America. So, if needed, we could allocate capital originally intended for the US into other attractive markets where we are already well established.

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Interconnected Minigrids in Nigeria: Report 

Interconnected Minigrids in Nigeria: Report 

May 16, 2025 | , , ,

Interconnected minigrids (IMGs) are a transformative solution for improving power availability and reliability, expanding energy access, and strengthening distribution networks across Africa. By fostering collaboration between developers and utilities through a win-win-win business model, IMGs bridge the last-mile electricity gap and integrate renewable energy generation at the distribution level. In Nigeria, the first four operational IMGs have added 3 MW of solar photovoltaic (PV) capacity and 3 MWh of battery storage, have retrofitted and expanded the existing distribution network, and now serve approximately 6,300 connections in urban and peri-urban areas.

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Enlight secures $243 million construction financing for Quail Ranch project in US

Enlight secures $243 million construction financing for Quail Ranch project in US

April 16, 2025 | , ,

Enlight Renewable Energy (Enlight) has secured $243 million in construction financing commitments for the Quail Ranch project. This has been secured through Enlight’s US subsidiary Clenera Holdings LLC. The construction loan is a part of the financial close for Quail Ranch, which is located near Albuquerque, New Mexico, USA. Furthermore, the project combines 128 MW of solar generation with 400 MWh of battery storage capacity.

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Quinbrook reaches financial close for the Cleve Hill solar plus storage project

Quinbrook reaches financial close for the Cleve Hill solar plus storage project

March 19, 2025 | , , ,

Quinbrook Infrastructure Partners (Quinbrook) has reached financial close of debt financing for Cleve Hill Solar Park (Cleve Hill). This is a solar plus battery storage project currently under construction. The project has a solar capacity of 373 MW and a storage capacity of 150 MW and is expected to commence operations in 2025. Furthermore, the project financing combines a GBP 218.5 million term loan and a GBP 20 million VAT facility.

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Voltalia inks PPA for 526 MW hybrid project in Uzbekistan

Voltalia inks PPA for 526 MW hybrid project in Uzbekistan

March 17, 2025 | , , ,

Voltalia has inked a power sales agreement for its hybrid project in Uzbekistan. This hybrid project comprises 126 MW of solar energy, 300 MW of wind power, and 100 MW/200 MWh of battery storage. The agreement extends for 25 years for the wind and solar projects and for 15 years for the storage projects.  Furthermore, the construction phase is set to begin in the first quarter of 2026 for solar and storage projects and in the third quarter of 2026 for wind power.

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EIB grants €225 million to Prologis for renewable energy projects in Europe

EIB grants €225 million to Prologis for renewable energy projects in Europe

December 16, 2024 | , ,

The European Investment Bank (EIB) has granted a €225 million framework loan to Prologis to facilitate its plan for producing electricity from low-carbon sources. This will be achieved by installing solar panels on the roofs of Prologis’ logistics centers, complemented by battery storage systems. The project will be implemented across multiple locations in Western and Central Europe.

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CREC and Sungrow partner for 1.5 GWh BESS project

CREC and Sungrow partner for 1.5 GWh BESS project

December 10, 2024 | , ,

Ciiticore Renewable Energy Corporation (CREC) has inked a supply and services agreement with Sungrow for the development of its Battery Energy Storage Systems (BESS). As a part of this agreement, CREC will procure 1.5 GWh of BESS from Sungrow to support its solar power projects. Sungrow will contribute to the project’s engineering and construction design to optimize the integration of BESS into CREC’s solar facilities.

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ADB, Gulf ink $820 million loan for solar and battery storage in Thailand

ADB, Gulf ink $820 million loan for solar and battery storage in Thailand

December 3, 2024 | , , ,

The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited have finalised an $820 million loan to provide construction financing for 12 renewable energy projects in Thailand. The portfolio includes eight ground-mounted solar photovoltaic (PV) plants with a contracted capacity of 393 MW and four solar PV plants with battery energy storage systems totaling 256 MW of contracted capacity and 396 MWh of energy storage. 

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Masdar and KESH form a renewable energy joint venture in Albania

Masdar and KESH form a renewable energy joint venture in Albania

November 14, 2024 | ,

Masdar and Korporata Elektroenergjitike Shqiptare (KESH) have inked a term sheet agreement to explore GW-scale renewable energy projects in Albania. The agreement aims to focus on the development, construction, and operation of solar, wind, and hybrid renewable energy projects along with the potential incorporation of battery storage. The energy produced through the planned projects will be supplied to the Albanian market and also exported to the neighboring countries.

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Hithium to build 5 GWh BESS production facility in Saudi Arabia 

Hithium to build 5 GWh BESS production facility in Saudi Arabia 

October 18, 2024 | , ,

Hithium Energy Storage Technology Co. and MANAT announced the formation of their joint venture (JV). This collaboration aims to combine Hithium’s expertise in energy storage with MANAT’s local insights to better serve the Saudi Arabian market. The joint venture plans to establish Battery Energy Storage System (BESS) manufacturing facilities in Saudi Arabia, with a targeted annual production capacity of 5 GWh.

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Growing Markets for Grid-Connected Battery Storage in India

Growing Markets for Grid-Connected Battery Storage in India

October 6, 2024 |

India’s electricity infrastructure strained to meet soaring demand and experienced its greatest peak power shortfall since 2010. Meanwhile, on the distribution grid, infrastructure also reached a breaking point: nearly 600 transformers failed in Kerala during the summer heatwave. These challenges threaten the affordability and reliability of India’s power system, especially as increasing heatwaves and climate events are expected to persist in the coming years. Fortunately, a solution is emerging: battery energy storage systems (BESS). To achieve necessary BESS deployments, India’s power system regulators and Discoms can recognize and provide mechanisms to monetize the full value of BESS.

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Masdar expands in US with acquisition of Terra-Gen

Masdar expands in US with acquisition of Terra-Gen

October 3, 2024 | ,

Masdar has successfully concluded the acquisition of 50 per cent share in Terra-Gen Power Holdings II, LLC, a prominent independent renewable energy producer in US. This acquisition was made from Energy Capital Partners, which has now fully divested its stake in Terra-Gen. Igneo Infrastructure Partners retains its 50 per cent interest in the company.

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