Saudi Arabian oil firm Aramco has entered into a memorandum of understanding (MOU) with Rondo Energy, a thermal energy storage company, following an equity investment.
System integrator Powin has been enlisted by oil, gas and renewable energy firm Galp to install a battery energy storage system (BESS) at a PV plant in Portugal, Powin’s first in Europe.
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
Oil and gas firm TotalEnergies has enlisted subsidiary Saft to deploy a 25MW/75MWh battery energy storage system (BESS) at a refinery in Antwerp, Belgium.
The government of Alberta, Canada, has announced that CA$25 million (US$20.1 million) in financial support has been offered for solar-plus-storage and pumped hydro energy storage as part of a CA$176 million package that will also give funding to oil and gas industry projects.
Eos Energy Storage will deploy a megawatt-scale, behind-the-meter zinc hybrid cathode battery energy storage system for a large oil refinery in Greece, claiming it be validation of the safety and environmental benefits of the novel technology.
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
London-headquartered oil and gas company BP has announced plans to invest US$500 million (£358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.
