EBRD Funds US$ 30 Million Solar and Storage
May 13, 2025 · (IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA''s Obelisk Solar Power project in Egypt. The loan will
Contact UsSACRAMENTO — The California Energy Commission (CEC) today approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to the grid for...
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May 13, 2025 · (IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA''s Obelisk Solar Power project in Egypt. The loan will
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Dec 21, 2023 · The California Energy Commission awarded on Dec. 14 the first grant under its long-duration energy storage program to battery innovator
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Jan 1, 2025 · SHANGHAI, Dec. 31 (Xinhua) -- U.S. carmaker Tesla''s Shanghai energy storage Megafactory has begun trial production, serving as a good example of cooperation between
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May 7, 2025 · The Oneida Energy Storage Project has officially commenced commercial operations, becoming the largest grid-scale battery energy
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Jul 30, 2025 · The Kuna project entered into a long-term energy storage agreement with Idaho Power in April 2023. Scheduled to meet Idaho''s capacity needs in 2025, it is expected to
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Aug 19, 2025 · In an unprecedented partnership poised to revolutionize the global energy landscape, Tesla and China have embarked on a $557 million venture to establish the world''s
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Jul 31, 2024 · Ukrainian energy giant DTEK Group has purchased a large-scale energy storage project from Krakow-based Columbus company for an estimated PLN 130 million (EUR 30
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May 13, 2025 · The European Bank for Reconstruction and Development (EBRD) has provided a US$30 million equity bridge loan to support Egypt''s first major
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Dec 15, 2023 · The CEC approved funding to build a long-duration energy storage project today similar to the one shown above. Source: Form Energy.
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Jan 11, 2024 · Dive Brief: The California Energy Commission, or CEC, last week approved a $30 million grant to long-duration energy storage developer Form Energy to build its first project in
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Mar 2, 2022 · China aims to further develop its new energy storage capacity, which is expected to advance from the initial stage of commercialization to large-scale development by 2025, with
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6 days ago · The Zhangjiabei project is a milestone for the world''s new-type compressed air energy storage entering the 100MW-level engineering stage.
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Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The
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Jun 16, 2025 · I4B – The Belgian Infrastructure Fund has invested EUR 30 million (USD 34.6m) in a 600-MWh battery energy storage system (BESS) project in
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The award, which creates a prototype Energy Storage Systems Campus, is the largest allocation from a federal agency that the University has received to
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Sep 18, 2023 · Defense Department Awards $30M to Create UT Dallas ''Energy Storage Systems Campus'' The $30 million UTD-led project aims "to
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May 14, 2025 · The EBRD has provided a $30 million equity bridge loan to support Egypt''s first major hybrid renewable energy project, which has now officially broken ground. The
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Jun 27, 2025 · The US Department of Energy''s (DOE''s) Office of Electricity (OE) has announced funding of up to US$15 million for three storage technologies.
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Oct 30, 2020 · On August 27, 2020, the Huaneng Mengcheng wind power 40MW/40MWh energy storage project was approved for grid connection by State Grid Anhui Electric Power Co., LTD.
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Dec 18, 2023 · Explore Form Energy''s groundbreaking $30 million grant from the California Energy Commission, paving the way for the state''s largest iron-air
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Aug 15, 2025 · Redeux Energy has successfully secured a $30 million letter of credit to enhance its solar and battery storage projects across various energy markets.
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Dec 15, 2023 · The California Energy Commission (CEC) today approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to
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Dec 25, 2024 · 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.
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Apr 29, 2024 · By the end of the first quarter of 2024, the cumulative installed capacity of new energy storage projects in China has reached 35.3 million kW
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Nov 6, 2024 · Pumped hydropower is the basis for 96% of utility-scale energy storage capacity in the US, and it is ripe with potential for expansion.
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Jul 31, 2025 · US carmaker Tesla''s Shanghai energy storage Megafactory has begun trial production, serving as a good example of cooperation between
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Dec 14, 2023 · The California Energy Commission (CEC) approved a $30-million grant to Form Energy to build a long-duration energy storage project that will
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Dec 13, 2023 · Form Energy will build the project at the site of a Pacific Gas and Electric Company (PG&E) electric substation in Mendocino County. The
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Jan 9, 2025 · The world''s first 300-megawatt compressed air energy storage (CAES) demonstration project, "Nengchu-1," has achieved full capacity grid connection and begun
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Dec 18, 2023 · The California Energy Commission on Dec. 13 approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to
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May 12, 2025 · EBRD making US$ 30 million equity bridge loan to Obelisk Solar Power, a project company owned by Scatec ASA Facility to finance a new 1 GWac solar plant with 200 MWh of
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Oct 20, 2023 · A carbon-dioxide battery built by Energy Dome in Sardinia, Italy. Alliant Energy was awarded a $30 million federal grant to lead a project to build the first carbon-dioxide
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Jun 12, 2025 · Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development Provided by PR Newswire Jun 12, 2025, 5:00:00 AM
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Jun 12, 2025 · Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development News provided by
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Jul 24, 2023 · The government of Spain is launching two programmes with €280 million in grants for standalone energy storage projects, thermal and PHES.
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Dec 14, 2023 · Form Energy, developer of grid-scale multi-day iron-air batteries, has received a $30 million award from the California Energy Commission
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Aug 8, 2024 · Aypa Power (Aypa), a Blackstone portfolio company developing, owning, and operating utility-scale energy storage and hybrid renewable energy projects across North
Contact UsOther awards approved under the Long-Duration Energy Storage Program include: $31 million for a 60 MW renewable backup power microgrid in San Diego County. $32 million for a 20 MW microgrid project in Tehama County. The grants are two of the largest the state has ever awarded to benefit California Native American tribes.
Expected to come online by 2025, this will be Form Energy's first project in California and the first multi-day energy storage project in the state.
The NDRC said new energy storage that uses electrochemical means is expected to see further technological advances, with its system cost to be further lowered by more than 30 percent in 2025 compared to the level at the end of 2020.
The commission said earlier it will introduce a plan for new energy storage development for 2021-25 and beyond, while local energy authorities should also make plans for the scale and project layout of new energy storage systems in their regions.
In terms of installed capacity, new energy storage power stations are now being built in a more centralized way and large scale with longer storage duration period, said the administration.
Form Energy will build the project at the site of a Pacific Gas and Electric Company (PG&E) electric substation in Mendocino County. The project will be used to demonstrate the effectiveness of multi-day energy storage to help California meet its renewable energy and zero carbon resource goals, while ensuring electric reliability and affordability.