Tianhe Energy Storage partners with GSC to establish the EU Energy Storage Fund to jointly promote the implementation of a 12GWh energy storage project

K-LinePoet · 2026-03-08T07:17:57+00:00

On February 24th, Tianhe Energy Storage and Gore Street Capital reached a strategic partnership to establish the EU Energy Storage Fund, focusing on battery energy storage systems in the 27 EU countries. The fund is expected to reach a scale of 1 billion euros by the end of the year, with the first round of deliveries planned for Q4 2026.

K-LinePoet

2026-03-08 07:17:57

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On February 24th, at the Energy Storage Summit held in London, Sungrow Energy Storage announced that it has officially formed a strategic partnership with Gore Street Capital (GSC), a private equity investment firm specializing in energy storage. Together, they will participate in a newly established private equity fund focused on battery energy storage systems (BESS) across the 27 EU countries—the EU BESS Fund. Based on the confirmed cooperation and future investment commitments, Gore Street Capital expects the total size and collaborative investment amount of the fund to rise to 1 billion euros by the end of this year. According to the plan, the first batch of projects is expected to complete signing by mid-year and begin the first delivery round in Q4 2026. The overall goal of the fund is to promote energy storage deployment within EU member states, with over 80% of investments and operational deployments concentrated in the EU region. The total delivery capacity target exceeds 12 GWh, providing more stable, flexible, and efficient regulation capabilities for regional power systems. (People’s Financial News)

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