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Tianhe Energy Storage and GSC establish the EU Energy Storage Fund to jointly promote the implementation of 12GWh energy storage projects
On February 24th, at the Energy Storage Summit held in London, energy storage solution provider Trina Storage announced that it has officially formed a strategic partnership with Gore Street Capital (GSC), a leading global energy storage private equity investment firm. Together, they will participate in a newly established dedicated private fund focused on battery energy storage systems (BESS) in the 27 EU countries—the EU Energy Storage Fund (EU BESS Fund). According to the plan, the first batch of projects is expected to sign agreements by mid-year and begin the first delivery round in Q4 2026. The overall goal of the fund is to promote energy storage deployment across EU member states, with over 80% of investments and operational deployments concentrated in the EU region. The total delivery capacity target exceeds 12 GWh, providing more stable, flexible, and efficient regulation capabilities for regional power systems.