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Australia’s NEG not dead as Labor opposition revives policy

Opposition leader Bill Shorten has promised to pursue a ‘bipartisan market mechanism’ such as the National Energy Guarantee if his party wins power in 2019.

European Court of Justice delivers ‘very damaging’ verdict for UK storage projects

The nation’s capacity market auctions have been ruled illegal state aid, throwing several gas and battery storage projects into doubt.

VIDEO: ‘Energy storage bankability is still not where we’d like it to be’

Alex O'Cinneide, CEO of Gore Street Capital Partners, argues lenders need to get comfortable with storage’s short-term nature and highlights the best markets in Asia.

HK Summit: ‘Energy storage is the next big opportunity’

A sharp drop in battery costs and the nascent sector’s ability to solve renewables’ intermittency issues could create a $1.2trn investment opportunity over the next two decades, according to a panel at the Infrastructure Investor Summit.

Gresham House targets $129m storage fund deployment in six months

The UK fund manager could come back to market next year to raise further funds after falling short of its $257m target.

Major listed Australian wind farm operator set to go private

Infratil and Mercury launched a joint bid to take 100% ownership of Tilt Renewables, which holds 11% of Australia’s installed wind capacity.

New Energy Solar acquisition ramps up Australian exposure

The Walsh & Co-managed entity has secured a 15-year PPA for 69% of Beryl Solar Farm’s output and is considering a battery installation to enhance risk-adjusted returns.

SUSI closes world’s first energy storage fund on €252m

CEO Tobias Reichmuth tells us 75% of the fund’s projects must come with long-term capacity agreements, how SUSI is mitigating risk and the returns premium first-movers can extract from the sector.

Macquarie Capital bolsters energy storage drive with new hire

Macquarie Group’s investment arm has tapped Tesla veteran Greg Callman to lead its efforts in energy storage and distributed solutions, areas it predicts will have a ‘transformational role’ in the coming decade.

NESF secures landmark solar-plus-storage deal

The move comes 18 months after the listed fund began ‘exploring the feasibility’ of co-location.

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