Energy Vault Acquires McMurtre 175 MW Battery Energy Storage System Project from Belltown Power

RWE Clean Energy Acquires 599 MW of Solar and Storage Projects from Galehead Development

May 20, 2024

Renewable Energy

RWE Clean Energy acquired three development-stage renewable energy projects totaling 599 MW (solar and battery storage capacity) from Galehead Development, LLC. The assets — Cedar Ridge (Idaho, solar + storage), Remington (Oregon, standalone BESS) and Champlain (New York, solar) — expand RWE's footprint in the Pacific Northwest and New York and add development-stage capacity to its U.S. pipeline.

Lyten Acquires Northvolt's BESS Product Portfolio

July 28, 2025

Renewable Energy

Lyten announced it has secured more than $200 million in additional equity (primarily from existing investors) and acquired the rights to Northvolt's Battery Energy Storage System (BESS) product portfolio, including Voltpack Mobile Systems (VMS) and Voltrack. Core members of Northvolt's energy storage engineering team will join Lyten in Stockholm, and Lyten plans to manufacture VMS and future BESS products in Gdansk, Poland with production targeted for Q4 2025.

White Deer and MB Energy Partners Invest in Fortress Power

January 10, 2022

Energy

Houston-based private equity firm White Deer, joined by MB Energy Partners, has made a growth investment in Fortress Power, a Pennsylvania-based designer and manufacturer of battery energy storage systems. The capital will support Fortress's product development, market expansion, and team growth to accelerate adoption of residential, commercial, and industrial energy storage solutions.

Lyten Acquires Northvolt Dwa ESS Battery Energy Storage Systems Operation

July 1, 2025

Energy

Lyten announced it will acquire Northvolt’s Dwa ESS operations in Gdansk, Poland—a 25,000 square meter battery energy storage systems (BESS) manufacturing and R&D facility. Lyten plans to restart production in Poland and expand its BESS product line, aiming to accelerate lithium-sulfur battery expansion into Europe and provide manufacturing capacity for the growing BESS market.

Generate Capital Acquires esVolta to Expand Battery Storage and Grid Resilience

July 21, 2022

Energy

Generate Capital has acquired utility-scale battery storage developer esVolta LP, adding a portfolio of more than 900 MWh of operational and contracted projects and a pipeline across multiple U.S. states and Canada. The deal gives Generate entry into the front-of-the-meter battery storage market to expand its grid-connected storage capabilities and accelerate deployment of energy storage projects for utilities and offtakers.

Myers Emergency Power Systems Acquires Storage Power Solutions

January 17, 2024

Energy

Myers Emergency Power Systems (Myers EPS) has acquired Storage Power Solutions (SPS), a founder-owned Ontario-based provider of battery energy storage systems (BESS). The deal expands Myers EPS's product capabilities into regulatory-driven energy storage markets and accompanies the launch of the EnerShed BESS product line, which starts at 60 kW and meets California Title 24 solar-plus-storage requirements.