* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 10, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

    The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

    MSG Entertainment Takes Radio City Music Hall Into the Future With Introduction of Sphere Immersive Sound – Business Wire

    MSG Entertainment Transforms Radio City Music Hall with Cutting-Edge Sphere Immersive Sound Experience

    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

    Offset Poised to Finalize Divorce from Cardi B for a Major Reason

    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China outlines more controls on exports of rare earths and technology – fox40.com

    China Unveils Tougher Restrictions on Rare Earth and Technology Exports

    Wisconsin Dairy Leads the Way with Cutting-Edge Technology Systems

    ENERCON and Biome collaborate for wind turbine noise reduction technology – Yahoo Finance

    ENERCON and Biome Join Forces to Revolutionize Wind Turbine Noise Reduction

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

    The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

    MSG Entertainment Takes Radio City Music Hall Into the Future With Introduction of Sphere Immersive Sound – Business Wire

    MSG Entertainment Transforms Radio City Music Hall with Cutting-Edge Sphere Immersive Sound Experience

    Israel’s Entertainment Industry Is Being Targeted by the Left in Hollywood and the Right at Home – The Wall Street Journal

    Inside the Fierce Clash Shaping Israel’s Entertainment Industry: Hollywood vs. Local Voices

    Offset Is Ready To Finalize Divorce With Cardi B for a Major Reason – Yahoo

    Offset Poised to Finalize Divorce from Cardi B for a Major Reason

    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    China outlines more controls on exports of rare earths and technology – fox40.com

    China Unveils Tougher Restrictions on Rare Earth and Technology Exports

    Wisconsin Dairy Leads the Way with Cutting-Edge Technology Systems

    ENERCON and Biome collaborate for wind turbine noise reduction technology – Yahoo Finance

    ENERCON and Biome Join Forces to Revolutionize Wind Turbine Noise Reduction

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Gaw Capital and Singapore’s BW Group Launch $1.3B Aussie Battery Storage Venture

January 25, 2024
in Technology
Gaw Capital and Singapore’s BW Group Launch $1.3B Aussie Battery Storage Venture
Share on FacebookShare on Twitter

Artist rendering of a Valent Energy project (Image: Gaw Capital)

Hong Kong-based private equity firm Gaw Capital and Singapore-based maritime and energy company BW Group have established a joint venture to invest in battery energy storage system (BESS) projects in Australia.

The 50:50 JV, dubbed Valent Energy, will see Gaw Capital and BW ESS, the energy storage investment arm of BW Group, committing over A$2 billion ($1.3 billion) to develop, own and operate grid scale BESS projects to accelerate Australia’s transition to clean energy, Valent Energy said in a release on Wednesday.

The portfolio has been seeded with seven BESS projects and one solar PV farm across New South Wales, Victoria and South Australia, with a total capacity of over 1.6GW.

“We are delighted to partner with BW in building this battery storage platform together. I am confident that Valent will combine our respective strengths in industry and capital markets to underwrite a successful delivery of the battery assets that are urgently needed in Australia’s energy transitioning space,” said Christina Gaw, global head of capital markets and co-chair of alternative investments for Gaw Capital.

Seeded by Previous Acquisition

Valent Energy’s seed portfolio includes assets that had originally been under development by renewable energy developer Maoneng Group, which Gaw Capital acquired by taking a majority stake in the Sydney-based company in October 2022.

In addition to the seed projects initiated by Maoneng, the joint venture will also pick up assets from BW ESS and other new projects in the future, a Gaw Capital spokesperson told Mingtiandi.

Oliver Yates

Oliver Yates, head of climate tech strategy for Australia at Gaw Capital

Three developments within the seed portfolio – a 240MW facility in Mornington and a 250MW project in Pine Lodge, both located in Victoria, as well as a 120MW development in New South Wales’ Apsley region – have secured connection and development approvals and are set to commence construction this year.

Three other projects – a 200MW Tamworth development and a 120MW complex in Armidale in New South Wales, as well as a 225MW facility in South Australia’s Gould Creek – are expected to obtain connection approvals in early 2025. The venture also has a site in the New South Wales town of Merriwa, which encompasses a 550MW solar PV farm and a 400MW BESS project.

Valent Energy is chaired by Oliver Yates, who joined Gaw Capital in December to lead its expansion in Australia with a focus on climate tech and energy transition investments. Yates previously served as chief executive of Australia’s Clean Energy Finance Corporation and held various executive roles at Macquarie.

“With the rollout of substantial government policy to support battery projects, and the record periods of negative prices during daytime solar floods, the moment could not be a timelier for Valent to build large scale batteries,” said Yates.

According to Valent Energy, grid scale BESS is the most efficient and cost-effective form of energy storage and plays a critical role in the transition to renewable energy by providing grid stability. The projects enable the storage of renewable energy at times of peak generation and allow for the stored energy to be dispatched to the grid when wind and solar are unable to generate electricity.

Renewable Rollout

Gaw and BW are establishing Valent Energy as the Hong Kong firm, which managed $33.7 billion of global assets as of third quarter 2023, diversifies into climate tech and renewable energy related investments Down Under. The move aligns with the Australian government having committed to reducing greenhouse gas emissions by 43 percent from 2005 levels by 2030 and net zero by 2050.

Despite primarily investing in real estate, Gaw Capital has identified utility-scale battery storage systems, electric vehicle charging infrastructure and next generation long duration energy storage technology as investment initiatives.

The venture also aims to leverage BW ESS’ experience in BESS developments, with the firm owning 1.5GW of projects in the UK and Sweden, of which over 400MWh are under construction and 1GW are ready to build.

“We are excited about the establishment of Valent Energy with Gaw Capital, as it forms part of BW’s commitment to the green energy transition. By leveraging the sector expertise, industry relationships and international experience of BW ESS, Valent will be well positioned to accelerate the growth of Australia’s energy storage capacity, enabling its transition to clean energy,” said Erik Strømsø, managing director of BW Renewables and chief executive of BW ESS.

Established in 2021, BW ESS is a subsidiary of BW Group, a multinational maritime company involved in shipping, floating infrastructure, deepwater oil and gas production, and a growing portfolio of clean energy investments including batteries, solar, offshore wind and biogas.

BW Group was founded in 1955 by the late Hong Kong shipping tycoon Sir Yue-Kong Pao, who is the maternal grandfather of Douglas Woo, chairman of Hong Kong developer Wheelock & Co.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/finance/gaw-and-bw-group-launch-1-3b-aussie-energy-storage-jv/

Tags: CapitalSingapore’stechnology
Previous Post

PGIM Real Estate Appoints David Fassbender Head of Japan

Next Post

Galesburg, IL Author Publishes Adventure Novel

High Five: The rest of the world’s top upcoming qualifiers – The New York Times

October 10, 2025
Donald Trump’s fortress economy is starting to hurt America – The Economist

How Donald Trump’s Fortress Economy Is Starting to Hurt America

October 10, 2025
The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

The Best “Friends” Halloween Episodes That Blend Spooky And Silly In The Perfect Way – Yahoo

October 10, 2025
Board of Health Meeting – City of Somerville (.gov)

Inside the Latest Somerville Board of Health Meeting: Key Updates and Decisions

October 10, 2025
The Politics Hour: Why a candidate’s text messages are shaking up Virginia’s elections – WAMU

How a Candidate’s Text Messages Are Shaking Up Virginia’s Elections

October 10, 2025
Climate Change Poses ‘Ecological Trap’ for Species Struggling to Adapt – Bioengineer.org

Climate Change Creates a Dangerous Ecological Trap for Struggling Species

October 10, 2025
Science and the heart: Remembering Jane Goodall – American Animal Hospital Association – AAHA

Unlocking the Heart’s Secrets: Celebrating Jane Goodall’s Enduring Legacy

October 10, 2025
Young trucker couple embraces flatbed trucking, balanced lifestyle – Truck News

Young trucker couple embraces flatbed trucking, balanced lifestyle – Truck News

October 10, 2025
China outlines more controls on exports of rare earths and technology – fox40.com

China Unveils Tougher Restrictions on Rare Earth and Technology Exports

October 10, 2025
Midway’s Tate Mason named Week 7 WVLT Sports/5Star Preps Player of the Week – WVLT

Midway’s Tate Mason named Week 7 WVLT Sports/5Star Preps Player of the Week – WVLT

October 9, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (860)
  • Economy (881)
  • Entertainment (21,754)
  • General (17,511)
  • Health (9,923)
  • Lifestyle (893)
  • News (22,149)
  • People (881)
  • Politics (891)
  • Science (16,091)
  • Sports (21,381)
  • Technology (15,861)
  • World (864)

Recent News

High Five: The rest of the world’s top upcoming qualifiers – The New York Times

October 10, 2025
Donald Trump’s fortress economy is starting to hurt America – The Economist

How Donald Trump’s Fortress Economy Is Starting to Hurt America

October 10, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version