Wedoany.com Report-Oct. 10, GoldenPeaks Capital and Envision have signed a Memorandum of Understanding (MoU) in London to deliver 1GWh of advanced battery energy storage projects across Europe. The agreement, formalized by senior executives from both companies, marks a major milestone in GoldenPeaks Capital’s expansion of its energy storage portfolio using Envision’s next-generation Gen 8 battery technology.

Under the MoU, Envision will provide high-energy-density battery systems designed to enhance grid flexibility and support rapid response to renewable energy intermittency. The first two projects, totalling 344MWh, have already been awarded to Envision as the initial phase of the collaboration.

GoldenPeaks Capital has secured 2.5GWh of capacity-market awarded battery projects in Poland and has financed its first installations with a major European infrastructure debt fund. All projects include long-term capacity market contracts, ensuring stable cash flows while providing crucial support to the Polish power network.

Lei Zhang, chairman of Envision, said: “We are entering a critical era in which renewable energy must go hand in hand with world-class energy storage for grid stability and flexibility. This collaboration with GoldenPeaks Capital reflects our commitment to transform Europe’s energy infrastructure at scale.”

Daniel Tain, co-founder and co-chairman of GoldenPeaks Capital, added: “This MoU marks another important step in our commitment to deliver innovative and scalable energy storage solutions across Europe. Envision’s high-energy-density technology perfectly complements our strategic vision to deploy state-of-the-art systems that support the reliability and sustainability of Europe’s power grids.”

GoldenPeaks Capital has over 15 years of experience in renewable energy development and financing, with a growing pipeline of solar and storage assets across Central and Eastern Europe. The partnership with Envision strengthens its ability to integrate cutting-edge energy storage solutions, helping to balance supply and demand while supporting the integration of renewable energy sources.

The collaboration aims to accelerate Europe’s transition to a more sustainable energy system by ensuring grid stability, enabling faster adoption of renewable energy, and reducing reliance on fossil-fuel-based generation. The projects are expected to provide both immediate operational benefits and long-term contributions to energy security and decarbonisation objectives across the region.

By combining GoldenPeaks Capital’s financing expertise and project development experience with Envision’s advanced Gen 8 battery technology, the companies plan to scale up energy storage deployment efficiently while maintaining high performance and reliability standards. This initiative represents a strategic step toward modernizing Europe’s power infrastructure and meeting the growing demand for clean, reliable electricity.