The latest renewable energy news includes announcements on Envision Energy, Anchor Energy, Tenaga Nasional, IOI, and others.
Envision Energy Wins 442 MWh Battery Storage Contract from ju:niz Energy in Germany
Envision Energy has expanded its partnership with German developer ju:niz Energy through the 442 MWh Smareg 13 battery energy storage project at Vöhringen in Bavaria. Announced November 9, the project will deploy Envision’s Gen 8 battery platform with four-hour storage duration and grid-forming capabilities. The installation will be developed adjacent to the operational Smareg 12 facility. ju:niz Energy will manage development, financing, construction and long-term operations. Smareg 13 is the companies’ third joint project, increasing their combined collaboration portfolio to nearly 600 MWh. The equipment includes a low-noise design for the project’s location. The contract value and commissioning date were not disclosed.
Anchor Energy Partners Launches €75 Million European Battery Storage Investment Fund
Copenhagen-based Anchor Energy Partners announced the launch of Anchor Fund I, targeting €75 million for battery storage and other electricity flexibility infrastructure across Europe. The November 9 announcement confirmed an initial close backed by founding investor 2degrees and additional investors from its network. The fund will target ready-to-build, mid-market assets and operate the acquired installations. Anchor’s founding team already operates more than 120 MWh of battery storage in European markets, including Germany and Finland. The company said its investment team has collectively managed more than €30 billion in funds. The €75 million figure is the fund’s target size, not an amount confirmed as fully raised.
Tenaga Nasional and IOI Plan 500 MW Solar and Battery Storage Project in Malaysia Malaysian utility Tenaga Nasional Berhad has partnered with a subsidiary of IOI Corporation and participating small and medium-sized enterprises to develop a 500 MW solar power project with battery storage in southwestern Malaysia. The partnership was reported November 9. The proposed installation combines utility-scale photovoltaic generation with electricity storage infrastructure. Tenaga Nasional is Malaysia’s principal electricity utility, while IOI Corporation operates businesses including palm oil and property development.
