The Victorian government has given its approval to the A$453m (US$302.7m) 500MW/1GWh Kiewa Valley battery energy storage system (BESS) proposed for development by Chinese solar and battery company Trina.
Lead Story
Lead Stories
First-half tax equity deals are up from last year. Hybrid deals remain popular. By Alison Healey

Malaysia and the Philippines have picked their winners. They have awarded 11.4GW of renewables in the latest auctions. By Minerva Lau

Lazard and Pekao have been appointed to advise on up to Z6bn debt for the CPK airport. Five bidders have applied for a construction contract worth Z5bn. By Cristiana Sandeva

PFI Comment
It is quite a heady lineup of players involved in the Revolution Wind saga in the US. At a sovereign level there is the US and Denmark. At the project level there is a whole host of characters – all stakeholders in the fallout.

Italy’s E‑GAP fleet-as-a-service transaction – structured as an eight-year, off-balance sheet solution to finance the procurement of approximately 250 electric city buses for Rome’s local public transport network – sets a new benchmark in the Italian e-mobility market. By Maria Teresa Solaro and Marco Balzano, partner and associate, energy and infrastructure project finance, FIVERS Studio Legale e Tributario, with Marco Cianfanelli and Filippo De Michelis, general manager and head of legal and regulatory affairs, E-GAP.

A lot of buzz is being created around AI and its transformative nature which is expected to usher in a new era of high-performance computing, enabling faster acceleration in business and improved efficiencies. By Abhishek Varma, senior vice-president and Saravanan Iyer, vice-president, project advisory and structured finance, PA&SF, SBI Capital Markets.

PFI Global Energy Report 2025
PFI Global Energy Report 2025
PFI has published its annual Global Energy Report. The report presents case studies of important leading-edge deals and profiles various institutions and developers involved in the sector. Battery storage is a common theme across the report alongside energy for AI and data centres.
