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Friday Briefing: Looking back at 2021's ES Summit

This Friday Briefing looks back at how the industry in 2021 theorised the UK battery storage market playing out. ....

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Transferability ITC deals for 1GWh+ of California, ERCOT batteries

Blackstone and Foss & Company have invested in BESS in California and Texas (respectively) using new tax credit transferability mechanisms. ....

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Global Photovoltaic News Briefing:20240122-20240128 | Shanghai Non ferrous Metals

1. Saudi power producer and desalination company ACWA Power Co will complete construction of the 200MW Kom Ombo solar project in Egypt in April. The total construction cost of the solar power plant is approximately US$182 million (€167.1 million), and financial close will be completed in August 2023. Once up and running, Kom Ombo will power 130,000 homes and offset 280,000 tonnes of CO2 per year. ....

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Major Bank-Supported Battery Maker Goes Big

Plus Power LLC raised US$ 1.8 billion last year for its large-scale lithium-ion battery business. Deutsche Bank and First Citizens Bank were the coordinating lead arrangers, with First Citizens Bank as the administrative agent and Siemens Financial Services, Inc. acting as the joint lead arranger. Bank of America, Deutsche Bank, Foss & Company, Goldman Sachs,…
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Nautilus Solar Energy seals US$72 million tax equity deal for 62MW solar portfolio

US community solar company Nautilus Solar Energy has signed a US$72 million tax equity deal for a 62MW solar portfolio. ....

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