The partnership seeks to expedite the implementation of advanced storage systems that enhance grid stability and facilitate the energy transition.
The signing ceremony took place in London, United Kingdom, with key participants including Daniel Tain, co-founder and co-chair of GoldenPeaks Capital, and Lei Zhang, chair of Envision. The MoU was formally signed by Fubin Lu, chief procurement officer of GoldenPeaks Capital, and Henry Peng, senior vice-president of Envision Energy.
Under the agreement, Envision will provide its high-energy-density BESS technology, designed for fast response to fluctuations in renewable power and improved system flexibility at the grid level. The first two projects, with a combined capacity of 344MWh out of the planned 1GWh, have been awarded to Envision. This marks the initial phase of implementation within the broader cooperation framework between the two companies.
GoldenPeaks Capital has secured 2.5GWh of capacity market-awarded BESS projects in Poland and obtained financing for its early-stage developments through the European Infrastructure Debt Fund. The company stated that all its BESS projects have achieved long-term revenue certainty by winning capacity market contracts, ensuring predictable and stable cash flows. These systems will deliver key grid support services to Poland’s power network.
Lei Zhang 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.”
Tain emphasized the strategic importance of the cooperation: “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.”
Envision’s technology and GoldenPeaks Capital’s market position together aim to strengthen Europe’s renewable energy infrastructure by integrating reliable energy storage solutions into national grids.
Earlier in the month, Envision Energy also announced a partnership for Kazakhstan’s 1GW Mirny Wind Farm, the country’s first renewable energy project. The agreement with GPC further reinforces Envision’s growing role in advancing large-scale energy projects across different regions.
This cooperation between GoldenPeaks Capital and Envision marks a significant milestone in Europe’s shift toward sustainable energy solutions, combining technological expertise and strategic investment to enhance the continent’s grid resilience and renewable integration.
