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Romania sets ambitious targets for battery energy storage systems, aiming for 2.5 GW by next year and 5 GW by 2026. Major investments underway to meet growing energy needs.

FREYR Battery (NYSE:FREY) has been awarded a €100 million grant from the European Commission’s Innovation Fund to build a Giga Arctic factory in Norway. Tom Einar Jensen, CEO, expressed his excitement for the project, which will help unlock GWh scale capacity for next generation battery production. Construction begins in June 2022.

Renewables designer as well as driver Leeward Renewable Energy has actually signed power acquisition agreements (PPAs) with telecom company Verizon for a portfolio of four under-development solar and also wind plants in the US with an incorporated capacity of 640MW.

Enel Green Power Espana, the renewables division of Spanish utility Endesa SA (BME: ELE), has acquired construction permits to develop 2 smaller sized solar farms on the island of Mallorca, Spain, one of them including energy storage space in vanadium redox flow batteries (VRFB).

The U.S. Department of Energy (DOE) has actually announced $20 million in moneying to advance perovskite solar photovoltaic or pv innovations. Perovskites are a family of materials with a specific crystal structure, named after the mineral keeping that framework. When used to develop solar cells, they have shown possible for high performance as well as reduced production prices. To be affordable in the marketplace, perovskite's lasting durability need to be evaluated as well as validated, the objective of this financing chance statement with DOE's Office of Energy Efficiency and Renewable Energy (EERE).

Acciona, a Spanish energy giant, is set to build the 380MW Aldoga solar project in Queensland, Australia, in 2024, creating 350 jobs and providing renewable energy to 185,000 households. Acciona's project will also power the 2.24GW Central Queensland Hydrogen Project, producing green hydrogen for export and local industries.

Banco Sabadell has actually obtained a 41.5% rate of interest in Pamplona-based STI Norland via its Aurica Capita fund.

Norway’s Norfund invested GBP 5 million in MOPO, backing solar-charged battery rentals that deliver affordable, reliable power in Sub-Saharan Africa.

Plastic producer Miniplast will certainly purchase electrical energy from a 704 kW grid-connected solar array possessed as well as run by Norwegian developer Empower New Energy AS.

South Holland District Council has given permission for the Sutton Bridge project to go ahead after examination

Swansea University pioneers cost-effective, scalable carbon ink for perovskite solar cells, enabling high-speed, low-temperature production with improved efficiency and stability, paving the way for cleaner energy solutions.

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A new solar farm readied to have actually an installed capability of up to 50MW has been accepted by Leeds City Council.

The African Development Bank's Board of Directors today authorized $27.2 million in lending financing for the layout, building and construction and also operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile.

Spanish utility Iberdrola SA (BME: IBE) claimed on Wednesday that it has actually settled the agreement with Norway's Norges Bank Investment Management (NBIM) to offer it a minority risk in a 1,265-MW wind as well as solar portfolio in Spain and included greater than 500 MW of renewables to the negotiations.