GoldenPeaks Capital (GPC), one of Central and Eastern Europe’s largest independent renewable power producers, has signed a Memorandum of Understanding (MoU) with global greentech firm Envision to collaborate on the deployment of 1 GWh of advanced Battery Energy Storage System (BESS) projects across Europe.
The MoU was signed in London, attended by Daniel Tain, Co-Founder and Co-Chairman of GoldenPeaks Capital, and Lei Zhang, Chairman of Envision. The formal signing took place between 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 marks a key step in GPC’s strategy to grow its energy storage portfolio alongside leading technology partners, integrating Envision’s next-generation utility-scale Gen 8 BESS solutions.
Under the agreement, Envision will deliver its latest high-energy-density BESS technology, engineered to provide rapid response to renewable energy intermittency and enhance system flexibility at grid scale. The first two projects, totalling 344 MWh of the planned 1 GWh capacity, have already been awarded to Envision, marking the start of the rollout. This partnership is intended to speed up the deployment of advanced storage systems that improve grid stability and support Europe’s clean energy transition.
GPC currently holds 2.5 GWh of Capacity Market-awarded BESS projects in Poland, cementing its leading position in the region’s energy storage sector. The company has also secured funding for its first projects through a major European Infrastructure Debt Fund, reflecting strong investor confidence in its growth strategy and operational performance.
“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 of Envision.
All GPC BESS projects have secured long-term revenue streams through capacity market contracts, ensuring steady and predictable returns while delivering essential grid support services, particularly 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.”
Building on its 15-year track record in renewable energy development and financing, GoldenPeaks Capital continues to grow its solar and storage portfolio across Europe, integrating large-scale BESS systems with its renewable generation assets.
