Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.
State-owned Irish electric utility ESB has opened a 19MW/38MWh battery energy storage system (BESS) in Aghada, County Cork, provided by system integrator Fluence.
Mitsubishi Power Americas has selected software and engineering firm Emerson Electric to automate the ACES Delta project in Utah, billed as the world’s biggest green hydrogen project development.
System integrator Powin Energy has raised US$135 million from its existing shareholders Trilantic and Energy Impact Partners and new investor GIC, just weeks after a Samsung subsidiary took a minority stake.
Lithium-ion gigafactory company Northvolt’s energy storage system (ESS) assembly factory in Poland has won a share of €1.8 billion (US$1.8 billion) in EU grant funding, along with a battery recycling plant in north France.
The CEOs of Fluence, Gore Street, Gresham House and six others have penned an open letter calling on policy makers in Europe to set adequate targets and policy frameworks for the deployment of energy storage.