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Day: December 18, 2024

Developers close $538 million for 1.2 GWh battery storage facility in Canada

From ESS News Boralex, a renewable energy company based in Québec, Canada, has successfully closed $538 million financing for a 300 MW/ 1,200 MWh BESS project, the Hagersville Park. Located in Haldimand County, Ontario, it will be the largest BESS project to date in Canada once it reaches the commissioning stage. Hagersville’s financing is comprised …

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BloombergNEF: Stationary storage installations surge to 170 GWh in 2024

From ESS News While progress has been steady, for many years stationary battery applications have played the supporting role to the EV headliner. During this period, lithium ion batteries were produced primarily for mobility and consumer applications, with either utility-scale or home battery systems were somewhat of an afterthought producers. 2024 saw that dynamic shift, …

BloombergNEF: Stationary storage installations surge to 170 GWh in 2024 Read More »

CleanChoice Energy flips switch on its first owned-and-operated solar project

CleanChoice Energy announced it has interconnected its first fully owned-and-operated solar project. Located in Franklin County, Pennsylvania, the Blairs Valley solar farm has the generating capacity to supply the equivalent of 4,500 homes with renewable energy. It is the first completed of several upcoming projects in the company’s pipeline. The Blairs Valley solar project has …

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ABB to acquire Gamesa Electric’s business including BESS, utility inverters

ABB announced it has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa to strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquisition will significantly expand ABB’s existing power conversion product and service offering to renewables OEMs and end users, with …

ABB to acquire Gamesa Electric’s business including BESS, utility inverters Read More »

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