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AGL Energy and Wärtsilä have completed construction of Australia's second largest battery storage system, the 250MW Torrens Island project, designed to help Australia transition to 100% renewable energy and achieve net-zero emissions. Constructed within 18 months, this collaboration between government, regulatory bodies and private sector proves to be a successful partnership.

French EPC major Neoen, which has been active in Australia with big battery and renewables contracts, has opted for a combination of wind and big battery for the first time to give baseload powr. The baseload contract has actually been signed with mining huge BHP for its Ausralian mines

The African Development Bank (AfDB) claimed on Friday that its board had approved to extend a USD-2.5-million (EUR 2.56 m) grant to the government of Mozambique to sustain the renewables development in the nation.

The uptick of renewables in Australia has actually aided cause three-year lows for wholesale power costs on the nation's biggest power market.

The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.

Fotowatio Renwable Ventures intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) as well as renewable installations in the following 4 years. The company is convinced that its deal will certainly be in high demand from organizations and companies, such as those in the agricultural field.

Solar energy capacity across nation is mounted at 63.8 GW as well as wind power is about to touch 42 GW. India's total installed power capacity is 411 GW and the share of fossil fuel based power generation that includes coal, diesel, gas as well as lignite is more than 236 GW.

In 2021, greater than $1.6 trillion in sustainable financial debt tools were provided, setting a new record and also bringing the total market to over $4 trillion.

Equis Development powers up New South Wales with a 250-MW battery system, boosting grid stability and renewable integration with AUD 260M in financing.

MCA just unveiled Africa’s biggest off-grid solar-plus-storage project: a 31.9MW solar plant with batteries in Angola’s Lobito Corridor—bringing steadier power where the grid can’t.

Octopus Energy and Nexta Capital Partners join forces for a new joint venture in Italy's energy storage market. The venture is expected to develop up to 1.5GW of energy storage systems, helping the country achieve its decarbonisation goals by 2030. Octopus Energy is also investing €1bn into the venture.

Sun Exchange has actually closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. The peer-to-peer solar leasing platform claimed it will certainly make use of the funds to help its participants release solar solutions throughout sub-Saharan Africa.

Africa holds key minerals for solar and battery production but captures little economic value in global supply chains.

Trina Solar has exposed a brand-new freight packing service for its bigger modules that it stated will decrease the costs associated with delivery that have actually soared because the start of the pandemic.

NTPC and ONGC boost India's green energy drive with Ayana Renewable Power acquisition, expanding their renewable portfolios by 4 GW for $2.28 billion.