GoldenPeaks Capital, an independent renewable power producer operating in Central and Eastern Europe, announced the signing of a memorandum of understanding with technology provider Envision for the development of battery energy storage system (BESS) projects totalling 1 GWh. The agreement was signed in London by executives from both companies, marking a new step in GoldenPeaks Capital’s strategy to expand into grid-scale storage infrastructure.
High-density energy BESS technology
Under the agreement, Envision will supply its Gen 8 BESS technology, a high energy density system designed to rapidly respond to renewable intermittency. Two projects totalling 344 MWh have already been awarded, representing the first phase of deployment. These systems are designed to enhance grid flexibility and power system stability in key targeted European markets.
GoldenPeaks Capital reported it has already secured 2.5 GWh of capacity market-awarded storage projects in Poland. This positions the company strategically in the development of grid support infrastructure while ensuring stable revenue streams through capacity contracts.
Support from institutional investors
The company also secured financing for its first storage projects through a major European infrastructure debt fund, confirming growing investor interest in the segment. All projects developed by GoldenPeaks Capital have secured long-term contracts, ensuring profitability and integration into local energy markets.
With more than 15 years of experience in developing and financing renewable assets, GoldenPeaks Capital is continuing to expand its hybrid portfolio combining solar generation with storage. Envision, in parallel, is strengthening its European presence by partnering with strategic actors to accelerate the deployment of its large-scale storage solutions.
