GoldenPeaks Capital (GPC), one of the largest independent renewable power producers in Central and Eastern Europe, and Envision, the global greentech leader in total renewable solutions, have signed a Memorandum of Understanding (MoU) to cooperate on the supply and deployment of 1 GWh of advanced Battery Energy Storage System (BESS) projects across Europe.
The MoU signing took place in London, attended by Daniel Tain, co-founder and co-chairman of GoldenPeaks Capital and Mr. Lei Zhang, Chairman, Envision, with the MoU formally signed by Fubin Lu, Chief Procurement Officer of GPC and Henry Peng, Senior Vice President, Envision Energy & President of EU & LATAM Regions. The agreement marks a new milestone in GPC’s strategy to expand its energy storage portfolio with cutting-edge technology partners and builds upon Envision’s next-generation utility-scale Gen 8 BESS technology.
Under the agreement
Envision will supply its latest generation of high-energy-density BESS technology, designed to deliver rapid response to renewable intermittency and enhanced system flexibility at grid scale. The first two projects, totaling 344 MWh of the planned 1 GWh volume, have already been awarded to Envision, marking the initial phase of implementation under this cooperation. The collaboration aims to accelerate the deployment of next-generation storage systems that strengthen grid stability and enable the energy transition across key European markets.
GPC has already secured 2.5 GWh of Capacity Market-awarded BESS projects in Poland, reinforcing its leadership in the region’s energy storage market. The company has also funded its first projects with a major European Infrastructure Debt Fund, demonstrating robust investor confidence in GPCH’s business model and execution capability.
“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,” said Lei Zhang, Chairman, Envision.
All GPCH BESS projects have secured long-term revenue streams, having successfully won capacity market contracts, ensuring predictable and stable cash flows for BESS assets that will bring much-needed grid support services to the Polish grid.
“This MoU marks another important step in our commitment to deliver innovative and scalable energy storage solutions across Europe,” said Daniel Tain, Co-Founder and Co-Chairman of GoldenPeaks Capital. “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.”
The partnership builds on GPC’s proven track record in renewable energy development and financing. With more than 15 years of experience and a growing pipeline of solar and storage assets, GPC continues to expand its portfolio of utility-scale BESS projects that integrate seamlessly with its renewable generation base.
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