Tag: battery storage

Financing the Energy Sector – The Debt-Equity Relationship

The answer to who holds the largest share of investments is corporations. However, households and governments also play a crucial role in this regard. Specifically, households have significantly increased their participation since...

New Analysis Reveals European Solar Battery Storage Market Increased by 94 per cent in 2023

Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS); a 94 per cent increase compared to 2022. This marks the third...

G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions

G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...

Indian Railways Accelerates Toward a Solar Future With New Tenders

Indian Railways has taken some significant measures over the last few weeks that will cement its place as one of the single largest clean energy users in India. These steps include the...

City of Sydney Goes 100 percentage Renewable

As of July 1, Sydney, the largest city in Australia, will power all its operations — street lights, sports facilities, buildings, and the historic Town Hall — with 100% renewable energy from...

IRENA Puts Energy Transformation at Heart of Sustainable Recovery Agenda

Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation, a new report by the...

Battery Storage Paves Way for a Renewable-Powered Future

Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable...

Scottish Island to Receive Electricity for 24 Hours for the First Time Ever!

An island in Scotland is to be powered by electricity for 24 hours for the first time ever.Fair Isle, located between Orkney and Shetland and currently home to 55 people, has only...

Vestas To Test Solar & Wind Hybrid System In Spain

In a press release today the renewable energy companies Vestas and Energias de Portugal Renováveis (EDPR) describe a hybrid demonstration setup based on wind and solar photovoltaics to be installed at an...

Sunnova Introduces Solar-Plus-Storage Offering “SunSafe”

Houston-based solar power company Sunnova has this week expanded its offerings to bring it into the solar-plus-storage market alongside its bigger-name competition Tesla and Sunrun with the introduction of its Sunnova SunSafe...

Scottish Islanders Secure £1.3m for Community Renewables System

Residents of the Isle of Canna off the west coast of Scotland have secured £1.3m to largely ditch their diesel power generators in favour of a new community-owned renewable electricity system based...

Green Light for Swindon Council’s Giant 50MW Battery Project

Swindon could soon become home to one of the UK's largest energy storage projects, after a council-backed company secured planning permission for a giant 50MW facility on a brownfield site in the...

ENGIE North America Secures 320 Megawatt Solar Pipeline In SoCore Energy Acquisition

ENGIE North America has this week announced the acquisition of Chicago-based SoCore Energy and its 320 megawatt pipeline of operational and late-stage development solar and battery storage projects. The North American subsidiary of...

Tesla’s Massive Australian Battery Responds to Coal Power Outages in Milliseconds

Tesla's massive lithium-ion battery storage facility, which was designed to feed South Australia's unstable power grid, is already proving itself by responding to power outages within milliseconds. The system—the largest of its kind...

Statoil Chooses Younicos To Supply Battery Storage For Hywind Scotland Floating Wind Project

Statoil, the energy company backed by the Norwegian government, is the majority partner in the Hywind Scotland offshore floating wind farm that began operations in the past few weeks — the first...

World’s Largest Solar-Wind-Storage Plant Planned for India

A wind, solar and battery storage plant is being planned for the southeastern Indian state of Andhra Pradesh, which has faced power woes in recent months due to grid failure. The renewable energy...

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