Renewable energy power producers Scatec has started building three co-located solar projects with 1.1 GW hours of energy storage in South Africa, after achieving financial close.
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.
The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.
Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.