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Energy Storage News•4 months ago

South Korean government investment in US BESS developer ‘reflects shared commitment to reliable, affordable power’

  • •US BESS developer Peregrine Energy Solutions secured US$130 million in investment, notably including capital from the South Korean Ministry of Environment.
  • •This significant international funding signals strong confidence in the growth and profitability of the US battery energy storage market for developers.
  • •Increased capital for BESS developers will likely accelerate the deployment of storage projects, enhancing grid reliability and potentially stabilizing energy prices for large power consumers.
m&a
Energy Storage News•4 months ago

EU Roundup: Big BESS project news in Greece, Germany, Romania and Portugal

  • •Large-scale Battery Energy Storage System (BESS) projects are actively progressing across Greece, Romania, Germany, and Portugal.
  • •Key players including Principia (project completion), Repono (acquisition), Kyon (optimiser selection), Voltalia, and NGEN (new targets) are driving significant BESS market activity.
  • •This roundup highlights robust investment and expansion opportunities for developers and IPPs in the European energy storage sector, signaling continued grid modernization efforts.
m&a
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