Following similar pieces in 2022/23, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024.
Enlight Renewable Energy has announced financing for the 290MWdc/940MWh solar-plus-storage Roadrunner project near Tucson, Arizona.
Integrating battery energy storage systems (BESS) with solar projects is continuing to be a key strategy for strengthening grid resilience and optimising power dispatch. With proper planning
As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing
In Turkey, Green Cooperatives face some restrictions to enable the financing of the PV systems. First of all, the regulations in capital markets regarding crowdfunding have not been issued yet.
As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth
See The IRA at a Year and a Half: IRS Guidance and Impact on the Energy Storage Industry. While lenders may need to undertake additional diligence before financing an energy storage project, the project finance
Turkey''s strong solar power and growing renewables give chances for energy storage in homes, businesses, and factories. Working with other countries also helps Turkey''s
Integrating battery energy storage systems (BESS) with solar projects is continuing to be a key strategy for strengthening grid resilience and optimising power dispatch.
Why recent awards of pre-licensing for large-scale projects in Turkey mean a "very promising market" for energy storage is about to open.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a
The Turkish government has introduced new rules for energy storage. The new rules will allow storage facilities to operate in combination with unlicensed power plants.
2025 is a pivotal year for the renewable energy sector, with a range of high-impact projects nearing final investment decision (FID). These ventures, spanning offshore wind, solar and onshore wind, are set to unlock
US renewable energy company Sunraycer Renewables has closed US$475 million in project financing for two solar-plus-storage projects in Texas.
The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter''s Tashkent solar-plus-storage portfolio.
The capital supported over 1.6 GWac of U.S. battery storage projects since the solar real-estate investment fund expanded into energy storage less than two years ago.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and
By investing in smart-grid technologies and advanced energy storage solutions, Turkey positions itself as a leader in renewable energy integration. This upgrade could spur
There are over 1,200 major energy storage projects currently in the database, representing more than 92,500 MWh of capacity. The list shows that there are more than 176 GWdc of major solar projects currently operating.
Structuring options for financing energy storage projects: Partnership flip Traditional Tax Equity: Partnership flip Structuring options for financing energy storage: Sale-leaseback Structuring options for financing
Why securing project finance for energy storage projects is challenging It has traditionally been difficult to secure project finance for energy storage for two key reasons. Firstly, the nascent
Enfinity Global has secured €100 million from Eiffel Investment Group to advance its solar PV and energy storage portfolio in Europe.
Enfinity Global has secured €100 million from Eiffel Investment Group to advance its solar PV and energy storage portfolio in Europe.
Máté Heisz, Global Affairs Director of SolarPower Europe, pointed out that in 2023, the newly installed capacity of solar power in Europe reached 55.9GW, a 40% increase
The decreasing costs of PV modules and energy storage systems have improved the economic viability of solar projects in Turkey. Investors and developers are
BloombergNEF says global solar installations could reach 700 GW in 2025, with additions rising to 753 GW in 2026 and 780 GW in 2027.
Longroad announced financial close of 111MWdc solar and 85MWac/340MWh storage project Sun Pond in Maricopa County, Arizona.
Global energy storage investments have surpassed 150 GWh. Türkiye has already begun installations in Hungary, Bulgaria, and Spain, leveraging its geographic advantage close to Europe. Tokcan highlighted the importance of local expertise in manufacturing, system management, and maintenance to avoid dependency on foreign firms.
According to Türkiye’s 2020–2035 National Energy Plan, Türkiye’s power generation capacity will reach 189.7 GW in 2035 (a 79% increase from 2023). Türkiye’s share of renewable energy will increase to 64.7% with solar power capacity increasing 432% and wind capacity increasing 158%.
Roof-top solar energy producers can sell their excess electricity to the grid at a maximum limit of 5 MW if they are production plant owners, and 10 kW if they are homeowners. Solar and wind energy investments receive customs duty exemptions, corporate tax deduction, and other incentives.
Energy Storage Industries Association (EDEDER) President Can Tokcan noted during a press briefing that finalizing regulations is crucial to accelerating investments. “The draft regulation for energy storage has been published, but the final version needs to be issued urgently.
