Pacific island country of Palau has welcomed the commissioning of its first large-scale solar-plus-storage project, representing the largest power plant of its kind in the Western Pacific region.
Renewable energy developer TagEnergy has closed a €570 million (US$622 million) green bond for its solar, wind and energy storage pipeline in the UK, Europe and Australia.
The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.