AES Andes, a subsidiary of US multinational AES Corporation, has completed the largest battery system project in Latin America with an output of 112MW.
The government of Spain is launching €280 million (US$310 million) in grants for standalone energy storage projects, thermal energy storage and reversible pumped hydro to go online in 2026.
Metal-hydrogen battery company EnerVenue will open a manufacturing factory with a 1GWh annual capacity in Kentucky expected to begin production by the end of the year.
Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.
French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.
