Tag Archives: battery energy storage systems

LevelTen Energy Partnership Adds Renewable Procurement Capabilities to ABB Portfolio

(IN BRIEF) ABB has formed a strategic partnership with and made a minority investment in LevelTen Energy, the world’s largest clean energy marketplace. The partnership will strengthen ABB’s energy and carbon advisory services by adding renewable energy procurement capabilities, including … Read the full press release

DHL and LONGi to Explore Solar-Plus-Storage Solutions for Global Logistics Infrastructure

(IN BRIEF) DHL Group and LONGi Solar have signed a Memorandum of Understanding to advance renewable-energy deployment and lower-emission logistics solutions. The partnership will focus on deploying LONGi’s distributed solar technologies, including Building-Integrated Photovoltaics, across DHL facilities in Europe. The … Read the full press release

Storm Battery Parks in Ruien and Langerlo to Support Eneco Grid Flexibility Strategy

(IN BRIEF) Eneco has signed a 10-year agreement to control two battery parks being developed by Storm in Belgium, adding 300 MW of capacity to its dispatchable storage portfolio. The projects in Ruien and Langerlo will have storage capacities of … Read the full press release

DNV Market Analysis Helps Advance Battery Storage Investment in Chile’s Changing Power System

(IN BRIEF) DNV has provided market due diligence to support Innergex’s USD 156 million financing package for renewable and battery storage assets in Chile. The transaction includes USD 114 million for two new standalone battery energy storage system projects and … Read the full press release

EIB Supports Latvian Energy Security and Sustainable Infrastructure Through Latvenergo Green Bond Investment

(IN BRIEF) The European Investment Bank has committed €20 million to green bonds issued by Latvenergo, Latvia’s state-owned energy company, supporting the company’s latest bond issuance under its European Green Bond framework. The financing will help fund renewable energy and … Read the full press release

DHL Group Builds Integrated New Energy Supply Chain Platform Across Express, Global Forwarding and Supply Chain

(IN BRIEF) DHL Group is expanding its New Energy Logistics capabilities worldwide as demand grows for resilient, secure and sustainable energy supply chains. The company identified New Energy as a growth area in its Strategy 2030 and aims to increase … Read the full press release

EBRD Expands Investment in Green Genius to €150 Million to Accelerate Renewable Energy and Storage Projects in the Baltics and Poland

(IN BRIEF) The European Bank for Reconstruction and Development has increased its investment in Green Genius by €50 million, bringing its total commitment to €150 million. The funding will support the company’s renewable energy expansion across Lithuania, Latvia, and Poland, … Read the full press release

RWE Appoints Sandra Dettmer as Chief Operating Officer of Renewables Europe and Australia Division

(IN BRIEF) RWE has appointed Sandra Dettmer as Chief Operating Officer of RWE Renewables Europe & Australia, effective April 1, 2026. The newly created role is intended to enhance management oversight of the company’s expanding portfolio of renewable energy projects … Read the full press release

DNV Expands Global Power Systems Expertise Through Strategic Purchase of Australian Grid-Connection Specialist SPS

(IN BRIEF) DNV has acquired Smarter Power Solutions Pty Ltd, an Australian power systems engineering consultancy specialising in advanced grid-connection services. The move strengthens DNV’s position as a leading independent power grids consultancy in Asia Pacific and enhances its global … Read the full press release

European Investment Fund Strengthens Alternative Lending Platform Under Regional Resilience Fund with Investment in Qualitas Energy

(IN BRIEF) The European Investment Fund has committed €62 million to the Qualitas Energy Credit Fund under the Alternative Lending Instrument for Sustainable Development within Spain’s Regional Resilience Fund, using NextGenerationEU resources. Managed by Qualitas Energy, the fund provides debt … Read the full press release

RWE Deepens Strategic Energy Partnership with ADNOC and Masdar to Strengthen Europe’s Energy Security

(IN BRIEF) RWE has signed two Memoranda of Understanding with ADNOC and Masdar during the German Chancellor’s state visit to the UAE, establishing a framework to explore long-term LNG supplies of up to 1 million tonnes per year for Germany … Read the full press release

Iberdrola España Advances Energy Transition with Hybrid Solar and Battery Project at Alarcón

(IN BRIEF) Iberdrola España has commissioned Spain’s first large-scale battery storage systems at Alarcón in Cuenca, integrating the Romeral and Olmedilla batteries with existing photovoltaic plants to enhance grid stability and renewable energy use. With a combined capacity of 120 … Read the full press release

Prosolia Energy Expands Spanish Renewable Platform With 229 MW Solar Portfolio Acquisition

(IN BRIEF) Prosolia Energy has completed the acquisition of a 229 MW portfolio of five operational solar parks in Spain from EDP Renováveis, strengthening its renewable energy platform and advancing its international growth strategy. Located in Andalucía and Castilla y … Read the full press release

ABB strengthens global renewable capabilities with addition of Gamesa Electric expertise and 46 GW of serviceable wind converter capacity

(IN BRIEF) ABB has completed its acquisition of Gamesa Electric’s power electronics business from Siemens Gamesa, expanding its renewable energy portfolio at a time of accelerating global demand for solar, wind, and storage technologies. The deal brings approximately 400 employees, … Read the full press release

RWE Advances £200 Million Pembroke Battery Storage Project to Strengthen UK Grid Flexibility and Support Wales’ Net Zero Goals

(IN BRIEF) RWE has taken the final investment decision on its £200 million Pembroke Battery Storage project, the company’s largest UK storage development to date and a cornerstone of the Pembroke Net Zero Centre in South Wales. The project, which … Read the full press release

Prime Capital grows sustainable infrastructure debt fund to €130m with EIF’s €30m commitment under InvestEU

(IN BRIEF) Prime Capital AG has expanded its Prime Sustainable Infrastructure Debt Fund (PSIDEF) to €130 million after securing a new €30 million commitment from the European Investment Fund under the InvestEU programme. The Article 9 fund focuses on financing … Read the full press release

SGS and Chongqing Energy College unveil advanced AI-based automated thermal runaway testing system for battery energy storage safety

(IN BRIEF) SGS, in collaboration with Chongqing Energy College, has launched the world’s first AI-powered, fully automated thermal runaway testing system for energy storage batteries, aiming to improve fire safety in the growing BESS market. Installed at the Chongqing Renewable … Read the full press release

METLEN and Copec EMOAC Partner to Deliver 450 GWh of Renewable Energy in Chile with Nighttime Storage Support

(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release

GreenPowerMonitor Unveils Enhanced Energy Management Solutions to Support the Transition to Hybrid Energy Plants

(IN BRIEF) GreenPowerMonitor (GPM), now part of DNV, has introduced important advancements in its energy management solutions aimed at supporting the transition to hybrid energy plants and improving grid stability. These updates include the Hybrid Energy Management System (HEMS) and … Read the full press release

TotalEnergies’ Antwerp Battery Farm Project to Enhance Energy Security and Renewables Integration

(IN BRIEF) TotalEnergies has launched a battery farm project at its Antwerp refinery in Belgium, featuring a 25 MW power rating and a 75 MWh capacity. The battery installation, supplied by Saft, a subsidiary of TotalEnergies, will be the company’s … Read the full press release