EDP Renewables has been awarded with contracts for its two first battery energy standalone storage projects in Poland. The contracts, that will last for a period of 17 years, were granted by the Polish Grid Operator (PSE) in the recent capacity market auction and will amount to a total installed capacity of 160MW. Located in … Continue reading EDP awarded with 160MW of capacity contracts for its first storage projects in Poland
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Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
ACCIONA Energía has started the installation of a battery energy storage system (BESS) using recycled batteries from electric vehicles at its Extremadura I-II-III photovoltaic plant in Almendralejo (Badajoz). The plant was built to support a Power Purchase Agreement with the global pharmaceutical group Novartis AG. The facility features two containers with a combined capacity of … Continue reading Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
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India to mandate energy storage for photovoltaic, wind power projects
India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind projects. Speaking at the 21st edition of the Global MSME Business Summit organized by the Confederation of Indian Industry (CII), MNRE Secretary Prashant Kumar Singh said that the government is … Continue reading India to mandate energy storage for photovoltaic, wind power projects
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Six highlights of the global energy transition in 2024
Solar photovoltaic and batteries are the big players in the energy transition in 2024, helping renewables knock fossil fuels – especially coal – off their pedestal in many countries and regions. 2024 was the year of solar and batteries – and this double act is set to reshape global energy systems. Solar superpowers are emerging … Continue reading Six highlights of the global energy transition in 2024
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Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
US firm Jacobs will help build a $3.3 billion, 3.5 GW photovoltaic plant and 4.5 GW battery system in the Philippines to help the country reduce its reliance on coal for power generation. Located on a 30-square-kilometer site 150 kilometers north of Manila, the “Terra Solar” project will be one of the largest solar parks … Continue reading Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
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Predictions for energy and natural resources in 2025
This is the season for looking to the future, and for the final Energy Pulse of 2024 I have collected 10 predictions from Wood Mackenzie analysts for the year ahead. The predictions for 2024 that I presented a year ago had quite a good hit rate. Some were spot-on: we were right about the increased … Continue reading Predictions for energy and natural resources in 2025
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US Grid-Scale Energy Storage Continues Strong Year with Highest Q3 Installations on Record
3.8 GW of storage installed across all segments, 80% increase from Q3 2023 • Residential installations hit all-time high The U.S. energy storage market continued its strong growth in Q3 of 2024, with the grid-scale segment setting a new Q3 record at 3,431 megawatts (MW) and 9,188 megawatt-hours (MWh) deployed. According to the American Clean Power … Continue reading US Grid-Scale Energy Storage Continues Strong Year with Highest Q3 Installations on Record
Continue readingPhilippines builds world’s largest photovoltaic and battery project
The Philippines is working on the world’s largest solar photovoltaic plus battery storage project, and construction of the project began just a few weeks ago. Philippine President Ferdinand R. Marcos Jr. participated in the groundbreaking ceremony for the Meralco Terra Solar project. The project will have a solar power capacity of 3,500 megawatts (MW) and … Continue reading Philippines builds world’s largest photovoltaic and battery project
Continue readingEDP begins construction of its first stand-alone storage project in Europe
The 50 MW capacity battery to be installed in Kent, England, will support the stability of the British grid as more renewable energy projects come onstream in the country. Through EDP Renewables, EDP has already secured more than 130 MW of capacity in storage projects in Europe. EDP Renewables has started the construction of its … Continue reading EDP begins construction of its first stand-alone storage project in Europe
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New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas
The American Clean Power Association (ACP) today released an analysis highlighting how recent significant additions of energy storage capacity over the past year in Texas has resulted in lower energy costs for consumers, the ability to avoid conservation appeals, and has enabled the power grid to better navigate extreme weather events. Key findings include: ERCOT … Continue reading New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas
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American Clean Energy Breaks Records, Largest Q3 Ever
The American Clean Power Association (ACP) today released its latest Clean Power Quarterly Market Report, detailing a surge in clean energy deployment during Q3 2024, with 10.2 GW of clean energy capacity coming online. This record-setting quarter positions the industry to achieve a historic year in 2024, underscoring the strength of American clean power. Year-to-date … Continue reading American Clean Energy Breaks Records, Largest Q3 Ever
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Türkiye to invest $10B in energy storage to boost wind power and photovoltaic solar energy
Türkiye is making significant strides toward its 2053 net-zero carbon emissions goal by ramping up investments in energy storage systems according to Türkiye daily. The Energy Market Regulatory Authority (EMRA) approved a 35-gigawatt-hour (GWh) capacity allocation for grid-scale storage projects, with an estimated investment of $10 billion. Timeline: Energy storage investments will gain speed by … Continue reading Türkiye to invest $10B in energy storage to boost wind power and photovoltaic solar energy
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Envision Energy boosts wind power in Kazakhstan with local manufacturing of wind turbines and storage systems
Envision Energy, a leading global green technology company, has taken a major step in strengthening Kazakhstan’s green energy transition by signing a strategic agreement with Samruk Energy and Kazakhstan Utility Systems to establish a localized manufacturing facility for wind turbines and energy storage systems in Kazakhstan. The agreement aims to enhance Kazakhstan’s renewable energy capacity, … Continue reading Envision Energy boosts wind power in Kazakhstan with local manufacturing of wind turbines and storage systems
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Spain approves 9 photovoltaic (PV) and hybrid projects for 764 MW, including 240 MW of storage in the fourth week of November
Declaration of public utility (BOE) of the Ququima photovoltaic plant with 231.68 MW of installed capacity, its evacuation infrastructure and the Ququima 30/220 kV electrical transformer substation (SET), located in the municipalities of Baza and Caniles (Granada), promoted by Aquila Clean Energy. Prior administrative authorisation (BOE) for the Peñaflor III and Peñaflor IV photovoltaic installations, … Continue reading Spain approves 9 photovoltaic (PV) and hybrid projects for 764 MW, including 240 MW of storage in the fourth week of November
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Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
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The changing shape of European energy storage
Energy storage has grown exponentially in Europe in recent years – and that pace is set to continue across the continent. So, how is the market evolving, and how can industrial players best position themselves to thrive in this fastmoving environment? We recently published an in-depth report – and infographic – that explores the changing … Continue reading The changing shape of European energy storage
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The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
The Spanish Photovoltaic Union (UNEF) announces the celebration of the III Storage and Hydrogen Summit, which will take place on February 11 and 12, 2025 at the Novotel Madrid Center (Calle de O’Donnell, 53, Salamanca, 28009 Madrid). During two days of intense debates and round tables, experts from the energy sector will meet to address … Continue reading The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
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RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
RWE, a leading renewable energy company, and Peabody (NYSE: BTU) announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining. This partnership brings together RWE’s expertise in developing and operating clean energy projects and Peabody’s significant land resources, particularly in the Midwest, as well as its industry-leading … Continue reading RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
Continue readingSpain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
The Official State Gazette for the second week of November contains the announcements corresponding to 9 photovoltaic and hybrid projects for 802.58 MW, of which 311.2 MW are from Iberdrola.Environmental impact statement for the El Horizonte photovoltaic solar plant project, of 51.985 MW, and its evacuation infrastructure, in the province of Alicante, promoted by Viridi. … Continue reading Spain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
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Global energy storage cell shipment ranking 1Q-3Q24
InfoLink Consulting has launched its global database of the lithium-ion battery supply chain, an essential element for the development of photovoltaic and wind energy. According to InfoLink’s global lithium-ion battery supply chain database, energy storage cell shipments reached 202.3 GWh in the first three quarters of 2024, up 42.8% YoY. The energy storage cell market … Continue reading Global energy storage cell shipment ranking 1Q-3Q24
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