Acciona, DTEK win energy approvals for projects in Croatia
The Ministry of Economy and Sustainable Development of Croatia has actually released energy authorizations to Acciona and DTEK for the construction of a solar energy plant and a wind farm, specifically.
May 11, 2023 // Plants, DTEK, Europe, investment, Acciona, solar power plants, Croatia, wind farms
Estonia plans 225MW pumped hydro power storage facility to help disconnect from Russia
State-owned Estonian energy firm Eesti Energia is planning to build a 225MW pumped hydro power storage facility, as part of a larger press to come to be independent of Russian energy.
Aug 11, 2022 // Storage, Europe, Asia, investment, Russia, Estonia, grid stabilising, renewables integration, pumped hydro energy storage
Fluence opening up new agreement making center in Utah to serve United States market
Global battery energy storage space system (BESS) integrator Fluence is setting up a new contract manufacturing center in Utah to serve the US market.
Aug 9, 2022 // Storage, USA, manufacturing, Ireland, Europe, Utah, investment, lithium-ion, North America, Fluence
UBS Asset Management gets 700MW ERCOT BESS portfolio from Black Mountain Energy Storage
Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.
Aug 2, 2022 // Markets & Finance News, Storage, USA, Texas, investment, lithium-ion, North America, ERCOT, asset management, grid stabilising, renewables integration, standalone battery storage
State-owned power firm to build 800MWh BESS in Poland
State-owned power firm PGE Group has gotten regulatory approval to construct a 200MW/820MWh battery energy storage system (BESS) in Poland.
Jul 21, 2022 // Storage, Poland, Europe, Asia, investment, lithium-ion, Russia, Wind Energy, renewables integration, interconnector
UAE To Invest in 300 MW Hybrid Project as Part of $2 Billion Investment in India
Under the structure of the four-nation grouping 'I2U2 ′ (India, Israel, USA and UAE), the United Arab Emirates will certainly make a financial investment worth $2 billion to develop a collection of integrated food parks throughout India.
Jul 19, 2022 // Markets & Finance News, Asia, United Arab Emirates, investment, gujarat, narendra modi, Battery Energy Storage System, hybrid Renewable Energy project
Community solar firm Summit Ridge bags investment to expand geographical footprint
United States community solar owner-operator Summit Ridge Energy has secured a US$ 175 million investment from private equity firm Apollo Global Administration.
Jul 15, 2022 // Markets & Finance News, investment, Community Solar, summit ridge energy, Apollo Global Management, community storage
Netherlands grid operators making use of batteries to soothe bottlenecks
Grid operators in the Netherlands are trialling the capacity of large battery storage to soothe bottlenecks in the grid.
Jul 12, 2022 // Storage, Grids, Europe, solar-plus-storage, Netherlands, investment, colocation, renewables integration
Building starts on 200MWh Fluence BESS projects in Lithuania for 2022 conclusion
Building has started on the initial of four battery energy storage space systems (BESS) amounting to 200MW/200MWh from worldwide system integrator Fluence in Lithuania.
Jun 30, 2022 // Storage, Blockchain, Ukraine, Europe, investment, lithium-ion, Lithuania, EU, Fluence, Siemens Energy, renewables integration
Sun Cable's Australian solar-storage project deemed financial investment prepared
A project in Australia that can include up to 17-- 20GWp of solar as well as 36-- 42GWh of energy storage space has been categorised as financial investment all set by a federal government agency.
Jun 24, 2022 // Markets & Finance News, ENERGY STORAGE, Northern Territory, Australia, Asia, solar-plus-storage, Oceania, investment, Singapore, Sun Cable, Australia-Asia PowerLink
Off-grid solar attracted record US$ 450m investment last year
Financial investment in the off-grid solar industry hit a record US$ 450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).
Jun 13, 2022 // Markets & Finance News, investment, Gogla, off-grid, equity finance, sun king, debt finannce, grants
Energy Dome releases globe's initial multi-megawatt 'CO2 Battery' project in Sardinia, Italy
Italian start-up Energy Dome has actually launched the first demonstrator project of its carbon dioxide-based energy storage space remedy, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.
Jun 9, 2022 // Storage, Italy, Europe, investment, carbon dioxide, Energy Dome, renewables integration, series b
China's compressed air energy storage industry makes progress
A 300MWh compressed air energy storage system capacity has actually been linked to the grid in Jiangsu, China, while a pressed air storage start-up in the nation has increased nearly US$ 50 million in a financing round.
Jun 1, 2022 // Storage, Grids, China, Asia, investment, peak shaving, long-duration, funding round, compressed air energy storage
Canadian Solar unveils PV manufacturing strategy shift targeting greater control over upstream supply
Canadian Solar has actually unveiled a brand-new PV production strategy, bringing even more upstream capacity inhouse to minimize its direct exposure to rates volatility.
May 24, 2022 // Manufacturing News, USA, Canadian Solar, investment, North America, module manufacturing, materials, solar wafers, department of commerce, AD/CVD, solar ingots
Bluefield Solar gets 80MW BESS for ₤ 4.5 million
London-listed solar and storage financier Bluefield Solar Income Fund has actually acquired 2 40MW battery energy storage system (BESS) projects for ₤ 4.5 million (US$ 5.7 million).
May 24, 2022 // Markets & Finance News, Storage, UK, Europe, investment, Bluefield, colocation, grid stabilising, renewables integration