Tag Archives: storage

EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery … Continue reading EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project

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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

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Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator … Continue reading Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

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EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

EDP Renewables (EDPR), a global leader in renewable energy, has expanded its Asia Pacific presence into Australia to tap into the country’s substantial growth prospects in renewable energy. To fully enact its strategy and commitment to the market, the company has acquired the local renewables company ITP Development (ITPD). As an integral addition to EDPR, … Continue reading EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

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Equinor’s first commercial battery storage asset begins operations

en| no Equinor’s first commercial battery storage asset begins operations 22 January 202408:00(CET) The Blandford Road battery storage asset in the UK has come into operation. The operational phase marks an important milestone in Equinor’s ambition of delivering flexible power solutions in the country. The 25 MW/ 50 MWh Blandford Road battery storage asset is … Continue reading Equinor’s first commercial battery storage asset begins operations

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ACP Launches New Event Focused on Energy Storage Sector

The American Clean Power Association (ACP) today announced the official launch of its new annual Energy Storage Summit — ACP RECHARGE. The summit will connect the nation’s leading storage manufacturers, renewable developers, policy makers, and thought leaders for discussions on technological advances, market conditions, and the policy frameworks required to sustain rapid growth in this … Continue reading ACP Launches New Event Focused on Energy Storage Sector

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Cyprus obtains 40 million euros for storage and optimizing photovoltaics

The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables. Energy Minister George Papanastasiou, in a letter to Parliament, emphasizes the promotion of central and hybrid storage facilities under the “photovoltaics for all” program. Papanastasiou … Continue reading Cyprus obtains 40 million euros for storage and optimizing photovoltaics

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Türkiye’s largest wind power plant to add battery storage

Aiming to lower balancing costs, Polat Enerji said it would integrate an energy storage system into its wind farm Soma, the largest in Turkey. It will be the first grid-scale battery facility in the country. Since giving priority in 2022 to wind and solar power projects that include energy storage with a matching capacity, Turkey … Continue reading Türkiye’s largest wind power plant to add battery storage

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China’s Qinghai has ocean of solar power, but no storage

Tibetan plateau in western province faces electricity supply-demand imbalance High on the Tibetan Plateau in western China’s Qinghai province, a sea of solar panels stretches out across 345 sq. kilometers, making it the world’s largest photovoltaic power park. With another nearly 265 sq. kilometers of new panels set to be installed, the state-owned solar park in … Continue reading China’s Qinghai has ocean of solar power, but no storage

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Chile, 17 hours of storage with Concentrated Solar Power

In the Atacama Desert, the driest in the world located in northern Chile, the only Concentrated Solar Power tower in Latin America operates, a symbol of an energy revolution in the making against climate change. Aerial view of Cerro Dominador, the first concentrated solar power plant in Latin America, in Antofagasta, Chile. The imposing 240-meter … Continue reading Chile, 17 hours of storage with Concentrated Solar Power

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Statkraft to acquire major Loch Ness pumped storage hydro project

Statkraft, Europe’s largest renewable power generator, has agreed to acquire the Red John Pumped Storage Hydro Scheme, from Intelligent Land Investments Group (ILI).   The 450MW scheme, first conceived in 2015, was granted consent by Scottish Government ministers in June 2021. The acquisition demonstrates Statkraft’s latest commitment to helping Scotland meet its renewable energy targets and … Continue reading Statkraft to acquire major Loch Ness pumped storage hydro project

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U.S. Grid-Scale Energy Storage Installations Set New Record in Q2 2023

Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.  … Continue reading U.S. Grid-Scale Energy Storage Installations Set New Record in Q2 2023

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Biden-Harris Administration Announces $325 Million For Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America’s Communities

As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced up to $325 million for 15 projects across 17 states and one tribal nation to accelerate the development of long-duration energy storage (LDES) technologies. Funded by President Biden’s Bipartisan Infrastructure Law, these demonstration … Continue reading Biden-Harris Administration Announces $325 Million For Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America’s Communities

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RWE gives green light for utility-scale battery storage project in the Netherlands

RWE is further expanding its battery storage business worldwide. The company has now finalised its investment decision for a Dutch battery storage project with an installed power capacity of 35 megawatts (MW) and a storage capacity of 41 megawatt-hours (MWh). A total of 110 lithium-ion battery racks are to be installed at RWE’s biomass plant in … Continue reading RWE gives green light for utility-scale battery storage project in the Netherlands

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Scaling up next generation solar and storage technologies in Victoria

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $10 million in funding to RayGen Resources Pty Ltd (RayGen) to progress its hi-tech solar and thermal storage technology along the commercialisation pathway towards a full utility scale deployment. The funding will help RayGen improve the design of its technology, achieve … Continue reading Scaling up next generation solar and storage technologies in Victoria

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EDP Renewables secures its first stand-alone battery storage project in Europe

Acquired from Tupa Energy, the project will provide 2 hours of storage capacity and will contribute with 50 MW of capacity;  With this project, the company will support the grid resilience by providing stability and reliability and will allow for an increased penetration of renewables in the generation mix. EDP Renewables (Euronext: EDPR), a leading … Continue reading EDP Renewables secures its first stand-alone battery storage project in Europe

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Ingeteam has supplied the power stations (for PV and battery storage systems) to a solar project of 1 GW

The largest photovoltaic complex in Latin America is powered by Ingeteam technology. With a total capacity of 1 GW, this hybrid project, located in the north of Mexico, will be completed in 2027. Then it will generate enough energy to power more than 500,000 households. Ingeteam has supplied its technology for the first phase of … Continue reading Ingeteam has supplied the power stations (for PV and battery storage systems) to a solar project of 1 GW

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Iberdrola invests in Kyoto to accelerate the decarbonization of the industry

Iberdrola joins the Kyoto Group as a strategic investor and business partner in an alliance to accelerate the decarbonisation of heat in industrial processes with Heatcube, Kyoto’s thermal energy storage solution. The energy company will invest €3 million through its start-up programme, PERSEO, which will allow it to control 12.8% of the capital and have … Continue reading Iberdrola invests in Kyoto to accelerate the decarbonization of the industry

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ACWA Power Signs Roadmap Agreement for 1GW Wind Energy and Battery Storage Project in Kazakhstan

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, announced the signing of the Roadmap Agreement with the Ministry of Energy of Kazakhstan and Samruk-Kazyna, Kazakhstan’s Investment Development Fund and sovereign wealth fund, for the 1GW wind energy and battery storage project within the Central … Continue reading ACWA Power Signs Roadmap Agreement for 1GW Wind Energy and Battery Storage Project in Kazakhstan

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Avangrid strengthens support for energy innovation by extending collaboration with Yale

AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale

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