Tag Archives: Battery Energy Storage System

Quinbrook’s Supernode Stage 3 Battery Storage Project Secures Deutsche Bank Backing

(IN BRIEF) Deutsche Bank has committed AUD 85 million as an Original Lender in the financing of Quinbrook’s Supernode Stage 3 Battery Energy Storage System in Queensland, Australia. The commitment forms part of a broader AUD 469 million senior secured, … Read the full press release

BAE Systems Battery Technology Powers GE Aerospace Hybrid-Electric Flight Demonstration

(IN BRIEF) BAE Systems’ advanced battery system powered the first flight test of GE Aerospace’s hybrid-electric propulsion demonstrator aircraft at the Farnborough International Airshow. The aircraft, a modified Saab 340 B, demonstrated the potential of hybrid-electric propulsion to reduce fuel … Read the full press release

Zelestra’s 2 GWh Italian Battery Storage Project Fully Secured After EnBW Agreement

(IN BRIEF) EnBW and Zelestra have signed a long-term tolling agreement covering 300 MW of four-hour battery storage capacity at Zelestra’s BESS project in Emilia-Romagna, northern Italy. The agreement gives EnBW access to around 1.2 GWh of flexibility and helps … Read the full press release

Erste Group and Siemens Financial Services Support Poland’s Energy Transition Through Large-Scale Battery Storage Financing

(IN BRIEF) Erste Group and Siemens Financial Services have provided R.Power with approximately PLN 270 million, or around EUR 64 million, in project financing for the construction of a 150MW / 300MWh battery energy storage system in Jedwabno, Poland. The … Read the full press release

Lower Wonga Solar and Battery Project Moves into Construction as Lightsource bp Expands Hybrid Strategy in Australia

(IN BRIEF) Lightsource bp has begun construction on the Lower Wonga solar and battery energy storage hybrid project near Gympie in Queensland, Australia. The project will combine an approximately 380MWdc solar farm with a 281MW/843MWh battery energy storage system, making … Read the full press release

EBRD Backs 127 MW Battery Storage Project in Romania to Support Renewable Energy Integration and Grid Stability

(IN BRIEF) The European Bank for Reconstruction and Development is providing up to €44 million to support the development, construction and operation of a 127 MW / 254 MWh battery energy storage system in Scornicești, Romania. The project, co-owned by … Read the full press release

AFRY Selected to Deliver Engineering Services for Large-Scale Solar Project in Chile

(IN BRIEF) AFRY has been awarded a contract by Moreau to provide detailed engineering services for the 53 MWp San Camilo solar project in Chile’s Atacama Region. The project represents the first phase of a larger renewable energy development that … Read the full press release

Deutsche Bank Participates in Major Australian Battery Storage and Renewable Energy Financing Package

(IN BRIEF) Deutsche Bank has provided a AUD 150 million seven-year non-recourse loan facility to support Palisade Investment Partners in refinancing debt linked to the Intera Renewables platform in Australia. The financing forms part of a wider AUD 845 million … Read the full press release

EDF expands battery storage portfolio through strategic partnership with BW ESS on 350MW Hams Hall project in North Warwickshire

(IN BRIEF) EDF and BW ESS have partnered to develop and optimise the first phase of the Hams Hall Battery Energy Storage System in North Warwickshire, a major grid-scale project with a capacity of 350MW / 1,243MWh. The system will … Read the full press release

TotalEnergies Approves $1.2 Billion Mirny Wind and Storage Project to Advance Renewable Energy in Kazakhstan

(IN BRIEF) TotalEnergies has taken the Final Investment Decision for the Mirny wind and battery storage project in Kazakhstan, marking a major step in the country’s renewable energy development. The project combines 1 GW of wind capacity with a 600 … Read the full press release

EBRD Supports Landmark Hybrid Solar and Battery Project in Hungary with €70 Million Investment

(IN BRIEF) The European Bank for Reconstruction and Development is providing €70 million in financing as part of a €210 million package to support a major hybrid renewable energy project in Hungary developed by Renalfa IPP. The project includes a … Read the full press release

DNV Supports USD 325 Million Financing for Major Battery and Solar Portfolio in Chile

(IN BRIEF) DNV acted as market consultant on a USD 325 million financing package for T Power, a renewable energy platform managed by Toesca, supporting the development of one of Chile’s largest battery energy storage systems alongside a broad solar … Read the full press release

European Investment Bank Supports Large-Scale Solar and Storage Expansion in Egypt

(IN BRIEF) The European Investment Bank has approved $150 million in financing for Egypt’s Obelisk hybrid solar and battery storage project, coinciding with the early completion of its first phase in Qena Governorate. Developed by Scatec, the project combines large-scale … Read the full press release

METLEN Secures Funding to Build 60 MW of Solar Power Capacity Across Sardegna and Piemonte in Italy

(IN BRIEF) METLEN has secured €65 million in financing to build two large-scale solar parks — Porto Torres in Sardegna and Casale Monferrato in Piemonte — totaling 60 MW of capacity. Scheduled for completion by the end of 2025, the … Read the full press release

METLEN and Karatzis Group Launch 330MW / 790MWh Battery Energy Storage System in Thessaly, Strengthening Greece’s Green Transition

(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release

PU2000 Battery Energy Storage System from Volvo Energy delivers integration, safety, and flexible performance

(IN BRIEF) Volvo Energy has launched the PU2000 Battery Energy Storage System at its Customer Day in Gothenburg, presenting a new solution designed and built in Sweden to help customers optimize energy use, strengthen resilience, and accelerate electrification. The system … Read the full press release

TotalEnergies and RGE Launch Pioneering Solar and Battery Project in Indonesia, Securing Licence to Import 1 GW of Clean Power to Singapore

(IN BRIEF) TotalEnergies and RGE have announced a major renewable energy project in Indonesia, where their joint venture, Singa Renewables, has received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean power. The project, … Read the full press release

Lion Storage Secures Financing for One of Europe’s Largest Battery Energy Storage Systems

(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release

Quinbrook Closes $722M Financing Deal for Supernode Battery Storage Project in Queensland

(IN BRIEF) Quinbrook Infrastructure Partners has secured a $722 million AUD debt financing deal for Stages 1 and 2 of its Supernode battery energy storage system (BESS) project in Queensland, Australia. Deutsche Bank played a key role in arranging the … Read the full press release

DNV Assists SN Aboitiz Power Group in Pioneering Battery Energy Storage System at Magat Hydroelectric Plant

(IN BRIEF) DNV, a renowned energy expert and assurance provider, has collaborated with SN Aboitiz Power Group (SNAP) in the development of a groundbreaking Battery Energy Storage System (BESS) co-located with the Magat Hydroelectric Power Plant in the Philippines. The … Read the full press release