GoldenPeaks Capital and Envision Forge Strategic Partnership to Drive Next-Generation Battery Energy Storage Solutions Across Europe
In a landmark move aimed at accelerating Europe’s energy transition, GoldenPeaks Capital (GPC), a leading independent renewable power producer in Central and Eastern Europe, has signed a Memorandum of Understanding (MoU) with Envision, a global leader in greentech and renewable solutions. The agreement paves the way for the supply and deployment of 1 GWh of advanced Battery Energy Storage System (BESS) projects across key European markets. This collaboration underscores both companies’ commitment to addressing renewable intermittency, enhancing grid stability, and supporting the continent’s journey toward a sustainable energy future.
The MoU was officially signed in London, with Daniel Tain, Co-Founder and Co-Chairman of GoldenPeaks Capital, and Lei Zhang, Chairman of Envision, presiding over the ceremony. Fubin Lu, Chief Procurement Officer of GPC, and Henry Peng, Senior Vice President of Envision Energy and President of EU & LATAM Regions, formalized the agreement. This partnership marks a significant milestone in GPC’s strategy to expand its energy storage portfolio by collaborating with cutting-edge technology providers like Envision. At the same time, it leverages Envision’s state-of-the-art Gen 8 BESS technology, designed for utility-scale applications.
A Strategic Collaboration for Grid Stability and Renewable Integration
Under the terms of the MoU, Envision will supply its latest generation of high-energy-density BESS technology, which is specifically engineered to deliver rapid response capabilities to address renewable intermittency and enhance system flexibility at the grid level. The first phase of this collaboration includes two projects totaling 344 MWh, representing a portion of the planned 1 GWh deployment. These initial projects highlight the partners’ shared vision of deploying next-generation energy storage systems that bolster grid stability and facilitate the integration of renewable energy sources across Europe.
For GoldenPeaks Capital, this partnership aligns seamlessly with its broader mission to lead the charge in Europe’s energy storage market. The company has already secured 2.5 GWh of Capacity Market-awarded BESS projects in Poland, solidifying its position as a key player in the region. Additionally, GPC has successfully funded its first projects through a major European Infrastructure Debt Fund, showcasing strong investor confidence in its business model and execution capabilities. These achievements underscore GPC’s ability to deliver reliable, scalable, and financially viable energy storage solutions.
Strengthening Europe’s Energy Infrastructure
The collaboration between GoldenPeaks Capital and Envision comes at a pivotal moment for Europe’s energy landscape. As the continent strives to meet ambitious climate goals and reduce reliance on fossil fuels, the need for robust energy storage infrastructure has never been more critical. According to Lei Zhang, Chairman of Envision, “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.”
Envision’s Gen 8 BESS technology is designed to address the unique challenges of modern energy grids, offering enhanced performance, reliability, and efficiency. By integrating these systems into its portfolio, GPC aims to provide much-needed grid support services, particularly in Poland, where all of its BESS projects have secured long-term revenue streams through capacity market contracts. These contracts ensure predictable and stable cash flows, further reinforcing the financial viability of the projects while delivering essential grid support services.
A Shared Vision for Innovation and Sustainability
Daniel Tain, Co-Founder and Co-Chairman of GoldenPeaks Capital, emphasized the importance of this partnership in advancing Europe’s energy transition. “This MoU marks another important step in our commitment to deliver innovative and scalable energy storage solutions across Europe,” he said. “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.”
GPC’s extensive experience in renewable energy development and financing serves as a strong foundation for this collaboration. With over 15 years of expertise and a growing pipeline of solar and storage assets, the company has consistently demonstrated its ability to execute large-scale projects that integrate seamlessly with renewable generation sources. By partnering with Envision, GPC is poised to take its energy storage initiatives to the next level, delivering cutting-edge solutions that meet the evolving needs of Europe’s energy markets.
About Envision
Envision is a global green technology leader known for its innovation which has completely reinvented the renewable energy system with its development of smart wind turbines, energy storage and green hydrogen, orchestrated by AI with the establishment of net zero industrial parks in various parts of the world. The company aims to accelerate the global green energy transition and has been recognized for its sustainability efforts, including being listed twice on Fortune’s “Change the World” list and named a “Green Giant” in TIME’s “2024Time 100 Most Influential Companies” list.
For more information, please visit envision-group.com.
About GoldenPeaks Capital
GoldenPeaks Capital, is a company specializing in the construction and operation of solar systems and one of the largest photovoltaic system owners in Poland and Hungary, with over 15 years of experience in structuring energy projects worldwide. In addition, GPC is a pioneer in the introduction of new technologies in Eastern Europe with various BESS + PV pilot projects in Poland and Hungary. GoldenPeaks Capital will further increase the pace of shaping the industry of renewable energies in Eastern Europe by applying the seamless integration of all sectors of GPC, such as project development & engineering, financing & structuring, supply chain management, construction & commissioning, asset operations, and commercial & energy sales among others, ensuring an invaluable alignment of methodologies, ethics and goals. GoldenPeaks Capital has been awarded for its green commitment, receiving the highest sustainability quality score (SQS1) from Moody’s for their green bond framework.
