GIGA Storage completes €300 million financing and starts
Amstelveen, 2 June 2025 – GIGA Storage, the leading Dutch and Belgian battery storage developer, in which InfraVia invested in 2024*, announces it has reached financial close and
Boralex closes financing for Canada''s largest BESS
The Hagersville Battery Energy Storage park, located in Haldimand County, Ontario, Canada, will be the largest battery energy storage system (BESS) project to date in Canada. The project is expected operational
República Dominicana licitará renovables en 2025 y baterías: se
El Ministro de Energía y Minas, Joel Santos Echavarría, anunció que el país lanzará dos licitaciones diferenciadas en 2025: una para generación renovable y otra para almacenamiento
Battery Storage Funding Critical to Europe''s Energy Transition
In our view, there is a need for greater collaboration between sponsors developing the batteries, regulators and national policymakers setting renewable targets, and the financing community
Energy storage in Latin America and the Caribbean
Financing High costs and underdeveloped regulatory frameworks are dampening the ability of developers to get access to third-party, private-sector financing for energy storage projects in the region. No project
Lion Storage Secures Financing for 350 MW/1,400
Lion Storage, a Dutch utility-scale battery energy storage project developer, announced the financial closure of the 350 MW/1,400 MWh Project Mufasa in the Netherlands. Macquarie Capital, the lead equity investor,
Data Centers and Natural Gas | Norton Rose Fulbright
Data center developers are navigating a complex energy landscape. The sheer volume of electricity needed is bringing renewed interest in natural gas. Developers planning to
Utility-Scale Battery Storage | Electricity | 2023 | ATB
This inverse behavior is observed for all energy storage technologies and highlights the importance of distinguishing the two types of battery capacity when discussing the cost of energy storage. Figure 1. 2022 U.S. utility-scale LIB
The Project Financing Outlook for Global Energy
Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding rapidly in order to support grid resiliency. Through 2030, the global
Smart and Secure MW-Scale Energy Storage
Fire safety equipment installed for the energy storage system or its flame-retardant performance, upon completion of large-scale combustion testing according to CNS/IEC 62933-5-2 Appendix
Dominican Republic wants 300 MW of energy storage
Joel Santos, minister of energy and mines in the Dominican Republic, announced a goal of 300 MW of battery energy storage systems (BESS) by 2027 during a speech at a Caribbean energy forum.
Scatec Finalizes Financing For Obelisk Project Featuring 1.1GW
Scatec ASA has successfully reached financial close for its large-scale "Obelisk" hybrid solar and battery storage project in Egypt, marking a major milestone in the country''s
Dominican Republic launches 600 MW solar and wind tender with
The Dominican Republic has launched its first tender for up to 600 MW of solar and wind capacity with mandatory storage, requiring all projects to include battery systems
List of Upcoming Grid-scale/Utility Scale Energy Storage System
Search all the announced and upcoming GUSESS projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Dominican Republic with our comprehensive online
MGEN Unit Signs Largest PH Financing Deal
Pasig City, Philippines — 22 April 2025 — Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines'' largest syndicated loan at ₱150 billion to
Dominican Republic Targeting 25% Renewable Energy By 2025
Targeting around 250 MW to 400 MW of installed capacity in biomass energy storage systems (BESS) by 2028, Santos said this will guarantee the stability of the electrical system and
Project Finance Brief: ContourGlobal Acquires 888 MW Solar Plus Storage
Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of a
Outlook 2025: The future of the utility-scale BESS market
The rapid evolution of the utility-scale battery energy storage systems (BESS) market in Australia, Europe and the US has seen the emergence of a wide range of offtake products. These arrangements offer opportunities for
Scatec Locks In $479M Financing for Egypt''s 1.1 GW Solar + 100 MW
Scatec ASA has reached financial close for the "Obelisk" hybrid solar and battery storage project in Egypt. The 1.1 GW solar plus 100 MW/200 MWh battery energy
Equis starts building 500 MWh Tesla battery in
Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from
Dominican Republic rechargeable energy storage system
Dominican Republic advances in energy storage at Reform Forum A notable achievement is the upcoming launch of the first four-hour energy storage system linked to a solar project, set to be
AMEA Power Secures Financing for Egypt''s First
AMEA Power has reached financial close on Egypt''s first utility-scale battery energy storage system (BESS), a 300 megawatt-hour project to be integrated with its existing 500 megawatt solar photovoltaic plant in the Aswan
Dominican Republic wants 300 MW of energy storage
Last year, the Dominican Republic added 275 MW of solar generation capacity, and an additional 78 MWp under a net metering program to pay the owners of self-consumption systems who inject surplus electricity into
Puerto Rico receives US DOE loans to boost battery storage to 1
A solar-plus-storage installation in the municipality of Coamo of a 100 MW solar PV system with a 55.5 MW / 64.1-MWh BESS. BESS installations in the municipalities of
Utility-Scale Battery Storage in the U.S.: Market Outlook, Drivers,
Utility-scale battery storage is no longer a niche solution—it''s becoming foundational infrastructure. What''s Driving Utility-Scale Storage Demand? Grid Flexibility and
SNAP eyes 80 MW battery energy storage capacity
Renewable energy provider SN Aboitiz Power Group (SNAP) broke ground on the second phase of its Magat Battery Energy Storage System (BESS) facility co-located at the Magat hydroelectric power plant in Ramon,
CleanCapital''s Response to Request for Proposals for Long
Proposal Understanding The Massachusetts Department of Energy Resources ("DOER") seeks a firm that can deliver LTCs for mid-duration Energy Storage Projects. Our proposal
Dominican Republic advances in energy storage at
A notable achievement is the upcoming launch of the first four-hour energy storage system linked to a solar project, set to be operational by mid-2025. This system will participate in the spot market without a power purchase
Figure 1. Recent & projected costs of key grid
Meanwhile, the costs of pumped hydro storage are expected to remain relatively stable in the coming years, maintaining its position as the cheapest form – in terms of $/kWh –