Energy Storage

DNV appointed Owner's Engineer for landmark 1GW solar + 600 MWH storage project in Egypt

DNV has been selected as Owner’s Engineer for the 1GW Abydos for Renewable Energy (AFRE) solar PV project and its integrated 600MWh battery energy storage system (BESS), located in Benban, Egypt. Developed by AMEA Power, this flagship project will supply 3,100GWh of clean energy to more than 500,000 Egyptian homes and avoid 1.5 million tons of CO₂ emissions annually.

• Energy

DNV expertise supports record USD 510 million financing or Chile's pioneering solar-storage hybrid project

DNV has played a key role in providing comprehensive advisory services to Atlas Renewable Energy to secure USD 510 million in financing for the landmark Estepa hybrid solar and battery storage project in Chile – the largest financing package in Atlas’ history. 

• Energy

GreenPowerMonitor and Renewance partner to power battery energy storage system deployments across North America

GreenPowerMonitor (GPM), a DNV company and a global leader in renewable asset monitoring and Renewance, a U.S. leader in battery lifecycle services today announced that they have partnered to integrate energy systems controls and energy storage asset lifecycle services to help customers in North America optimize the lifespan, compliance, and value of their Battery Energy Storage Systems (BESS).

• Energy

DNV supports Grenergy in securing USD 299 million financing for part of world’s largest energy storage project

DNV provided expertise and market due diligence, that has been instrumental in helping renewable energy developer Grenergy secure USD 299 million in financing for the Víctor Jara phase of the Oasis de Atacama project.

• Energy

DNV supports Atlas Renewable Energy in securing financing for 800 MWh battery storage project in Chile

DNV has supported Atlas Renewable Energy in securing $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The financing package, backed by senior loans and credit lines from BNP Paribas and Crédit Agricole CIB, will fund the development of Battery Energy Storage System del Desierto, one of the largest energy storage projects in Latin America, with a storage capacity of 800 MWh.

• Energy

DNV assists in AUD 650M financing deal for Akaysha's Orana energy storage project in New South Wales, Australia

DNV has been instrumental in securing AUD 650 million (USD 425 million) in financing for Akaysha Energy’s Orana BESS project in Wellington, New South Wales, Australia. This project, featuring one of the largest four-hour batteries globally, will add over 415 MW/1,660 MWh of storage capacity to the National Electricity Market (NEM) when it becomes operational in 2026.

• Energy

DNV and Grenergy celebrate successful financing of Oasis de Atacama, the world's largest battery storage project

• Energy

DNV assists Philippine battery energy storage project through to commercial operation

DNV has supported SN Aboitiz Power Group on the development of a 24MW/32MWh Battery Energy Storage System (BESS) co-located with the Magat Hydroelectric Power Plant

• Energy