According to a leaked draft of its Electrification Action Plan, the European Union (EU) must deploy 200GW of energy storage by 2030 to meet energy system flexibility needs.
Victoria’s State Electricity Commission (SEC) and Italian clean technology company Energy Dome have announced plans to develop the state’s first long-duration energy storage (LDES) facility.
A 19.8MWh battery energy storage system (BESS) is to be added to an existing solar-plus-storage facility in the Republic of Palau, with Australian development finance backing the expansion of one of the Western Pacific’s flagship hybrid renewable energy projects.
HMC Capital has launched Illuma Energy, a new identity that brings together the ASX-listed asset manager’s energy investment, development and operating activities under a single platform.
Long-duration energy storage (LDES) development and investment company Frontier Power USA (FPUSA) has exercised its exclusive Selection Right with respect to four BESS projects from clean energy platform Stella Energy Solutions.