Search



Octopus Energy Completes Full Acquisition of Exagen
Energy Generation has completed a full acquisition of UK renewables developer Exagen Group, enhancing its support for Exagen's growth and project
Sep 24, 2024 // Storage, Octopus Energy
Boom Power Secures Approval for 300-MW Battery Project
UK solar developer Boom Power has received planning approval for a 300-MW/660-MWh battery energy storage system in Wales, near the village of Cemaes on Anglesey's north coast. Spanning 38.7 acres, this standalone facility will connect directly to the power grid and is designed to store energy from wind and solar sources, discharging it during peak demand periods.The project aligns with the Welsh government's net-zero emissions target by 2050 and aims to enhance the resilience of the UK energy network amid increasing electricity demands. Boom Power's founder, Mark Hogan, emphasized that battery storage is essential for maximizing renewable energy potential and reducing reliance on fossil fuels. How will Boom Power's new battery storage system impact Wales' renewable energy goals? Enhanced Energy Storage Capacity: The 300-MW/660-MWh battery storage system will significantly bolster Wales' energy storage capacity, enabling greater integration of renewable sources like wind and solar into the grid. This expanded capacity is crucial in addressing the intermittency of these energy sources. Support for Renewable Integration: By storing excess energy generated during peak production times, the system will facilitate a smoother transition to renewable energy, allowing Wales to better utilize its renewable resources and support the Welsh government's commitment to increasing the share of renewables in the energy mix. Peak Demand Management: The ability to discharge stored energy during peak demand periods ensures a more stable energy supply, which is vital for both residential and industrial consumers. This will help in minimizing the risk of blackouts and maintaining grid stability. Economic Growth and Job Creation: The construction and operation of the battery storage facility can create job opportunities within the local community. Additionally, it can attract further investment in renewable technologies and infrastructure, contributing to economic development in Wales. Reduction of Carbon Footprint: By enabling a higher penetration of renewable energy and fostering a decrease in fossil fuel usage, the battery system will directly contribute to reducing Wales' overall carbon emissions, helping meet its ambitious climate goals. Innovation and Technological Advancement: This project aligns with broader initiatives to promote innovation in energy technologies. It may act as a model for future energy storage projects in Wales and across the UK, showcasing the effectiveness of large-scale battery systems in tackling energy challenges. Resilience Against Energy Market Fluctuations: With the ongoing energy crisis, having a robust battery storage solution will provide Wales with greater energy independence and resilience against fluctuations in energy prices, as it can store energy when prices are low and discharge it when they are higher. Grid Modernization and Smart Energy Solutions: The project is likely to play a role in modernizing the energy grid in Wales, potentially paving the way for the integration of smart technologies that optimize energy distribution and usage across households and businesses. Community Engagement and Partnership Opportunities: Boom Power’s commitment to working with local communities can strengthen partnerships for future renewable energy projects, fostering a sense of ownership and involvement among local residents in the transition to a sustainable energy future Synergy with Other Renewable Initiatives: The battery storage system can complement existing and planned renewable projects across Wales, such as offshore wind farms and solar installations, creating a more interconnected and efficient renewable energy landscape. Potential for Energy Export: By improving the reliability and stability of the energy supply, the battery storage system may enhance Wales' potential to export excess renewable energy to other regions, thereby reinforcing its role in the UK's energy market and supporting regional economic ties.
Oct 2, 2024 // Storage, Boom Power
FRV to develop solar-plus-storage plant in Australia
of direct existing (DC) ability. FRV already has two battery projects in the UK-- the already functional 7.5-MW/ 15-MWh Holes Bay center as well as the
Jun 18, 2021 // Plants, Storage, Australia, Oceania, frv, solar-plus-storage plant
Hudson Sustainable lands USD 13m of mezzanine funding in Japan
2021 and also was prepared by Deutsche Financial institution Japan as well as UK. "We are pleased to have made the trust fund and backing of Mitsubishi HC
Aug 20, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, Hudson Sustainable, Neil Auerbach
Spain's Ence Energia alters name to Magnon Green Energy
the helm of Magnon Green Energy. Ence Energia/Magnon's minority companion is UK facilities financial investment manager Ancala Partners
Mar 17, 2022 // Markets & Finance News, Spain, Europe, Ence Energia, Magnon Green Energy
Dealing with a downturn? Not utility-scale solar!
and Japan are reasserting their importance. Both have currently overtaken the UK, toppling it from the # 4 spot it had appreciated since 2016. Australia,
Jul 17, 2020 // Plants, Large-Scale, Commercial, Market Research, USA, UTILITY-SCALE SOLAR, North America
EDPR begin on 20.6 MWac of Dutch solar projects
in different stages of growth in Germany, France, the Netherlands and also the
Mar 29, 2023 // Plants, Europe, Netherlands, EDPR, Solar Project
Rolls-Royce, ABO Wind launch solar with battery project in Bavaria
of carbon dioxide (CARBON DIOXIDE). The Power Solutions organization of the UK aerospace firm claimed last week it has provided a 2.9 MW/5.8 MWh mtu
May 29, 2023 // Plants, Storage, ABO Wind, Bavaria, Rolls-Royce
AMPYR obtains EUR 200m funding, to begin on Dutch solar sites
and an overall pipe of over 6 GWp consisting of Germany as well as the UK. The business obtained the solar company of Dutch firm SolarEnergyWorks in
Jun 9, 2023 // Markets & Finance News, AMPYR
Solar trees could soon be charging your car
prior to beginning commercial production at the end of the year. In the UK, EV charging framework is rapidly growing, with more than 40,000 public
May 30, 2023 // Technology, Transport, solar tree
Work starts on 250MWh CRYOBattery admired as 'among Europe's biggest energy storage systems'
Highview Power CEO and also president stated the CRYOBattery "will assist the UK to integrate renewable energy as well as stabilise the regional electrical
Nov 9, 2020 // Storage, UK, Europe, Javier Cavada, CRYOBattery, Highview Power, Liquid Air Energy Storage, Carlton Power, Long Duration Storage, Non Lithium Ion
Macquarie announces major 20GW clean energy drive
reported that the Australian investment firm is “determined” to purchase major UK solar player Solarcentury for as much as £250 million (US$308 million).
Sep 26, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Australia, Europe, Oceania, macquarie, solarcentury, David Cameron, Green Investment Group
Highview induces partner to deliver 50MW storage
air energy storage (LAES) plant it is building in Greater Manchester in the UK. The turbomachinery train from MAN will form the core of the CRYOBattery
Apr 20, 2021 // Storage, UK, Europe, Javier Cavada, Highview Power, MAN Energy Solutions, Wayne Jones
Centrica intends to construct 800MW of solar and battery storage space by 2025
UK-based power as well as solutions firm Centrica has disclosed plans to develop a low carbon portfolio of as much as 800MW of solar as well as battery storage by 2025. The announcement is part of the company's first climate transition plan, which describes how it prepares to come to be an internet no service by 2045. Centrica claimed that the investment in solar and also battery storage will concentrate on large scale projects that are straight linked to the grid. This will certainly allow it to provide even more reduced carbon energy to its consumers, stated the company. The company added that reducing the carbon content of its energy supply by backing the development and also take-up of clean power is essential to reaching web absolutely no objectives for itself and for the countries in which it operates. Centrica has actually also exposed plans to spend as much as ₤ 100m in eco-friendly properties annually by 2025. Centrica group chief executive Chris O'Shea stated: "As the UK's most significant distributor of eco-friendly electricity, we are leading the way in the green transformation. Of course, reaching internet absolutely no is complicated, and also we don't make believe to have all the answers yet. " However with the help of our 20,000 remarkable colleagues and also our 10 million UK customers, I've no doubt we'll get there. " Our Climate Transition Plan explains how, today, we mean to accomplish our objectives, yet we have to remain to pay attention and learn to keep pace with the extraordinary rate of adjustment throughout the field as well as society." The firm has supplied information of its plans to transform its gas-focused framework in East Yorkshire in its climate transition plan. Centrica said that the Harsh platform as well as reservoir, which in the past had saved gas, is planned to be exchanged a storage center for hydrogen. The platform is found off the east coastline of Yorkshire. The firm is stated to be in talks with the British government on possible financing mechanisms for hydrogen infrastructure and will certainly for even more details prior to considering its choices for transforming the platform.
Nov 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, UK, Europe, Centrica, Chris O’Shea
SSE acquires first battery storage project
battery energy storage projects. It has established 2 projects in the UK, with a pipe of over 600MW of project civil liberties. SSE's market
Aug 18, 2021 // Storage, UK, Europe, England, SSE, Richard Cave-Bigley