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The Central Electricity Authority of India (CEA) is fast-tracking two large-scale pumped hydro energy storage (PHES) projects totalling 2,600MW of power.
Ark Energy, a renewable energy developer, has submitted a development application for a 500MW solar-plus-storage project in Myrtle Creek, in north New South Wales, Australia.
A new tender from the Solar Energy Corporation of India (SECI) seeks 2,000MW of solar PV combined with 1,000MW/4,000MWh of energy storage system (ESS) technology.
Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).
The Department of Energy (DOE) of the Philippines government has confirmed that a tender for renewable energy projects with integrated energy storage will launch this year.
LG Energy Solution saw its revenues fall 30% in the second quarter of the year amidst a global EV market slowdown, and the company says its ESS segment could help offset this.
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
