GoldenPeaks Capital (GPC) and Envision 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, according to an announcement from both companies.

The signing ceremony took place in London, attended by Daniel Tain, Co-Founder and Co-Chairman of GoldenPeaks Capital, and Lei Zhang, Chairman of Envision. The MoU was formally signed by Fubin Lu, Chief Procurement Officer of GPC, and Henry Peng, Senior Vice President of Envision Energy and President of the EU & LATAM Regions.

The agreement represents a new milestone in GPC’s strategy to expand its energy storage portfolio through partnerships with cutting-edge technology providers. It builds upon Envision’s next-generation utility-scale Gen 8 BESS technology, which offers high energy density and grid-scale flexibility.

Under the terms of the MoU, Envision will supply its latest generation BESS systems, designed to deliver rapid response to renewable intermittency and enhance system flexibility. The first two projects under this cooperation,  totaling 344 MWh of the planned 1 GWh capacity, have already been awarded to Envision, marking the initial phase of implementation.

The collaboration aims to accelerate the rollout of next-generation storage systems that strengthen grid stability and support the energy transition across key European markets.

GoldenPeaks Capital has already secured 2.5 GWh of Capacity Market-awarded BESS projects in Poland, further reinforcing its leadership in the region’s energy storage sector. The company has also financed its first projects with a major European Infrastructure Debt Fund, highlighting strong investor confidence in its business model and execution capability.

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.”

All GPC BESS projects have secured long-term revenue streams through capacity market contracts, ensuring predictable and stable cash flows for assets that will provide vital grid support services in Poland.

“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 15 years of experience in renewable energy development and financing. With a growing pipeline of solar and storage assets, the company continues to expand its utility-scale BESS portfolio, integrating advanced storage systems with its renewable generation base to enhance Europe’s clean energy infrastructure.