Pakistan’s National Electric Power Regulatory Authority (NEPRA) has approved plans to require bidders in a renewable energy auction to include energy storage.
Blueleaf Energy and Universal Peak have closed financing for a 100MW/400MWh battery storage project, which was one of four winning bids in a Malaysian government tender.
Bulgaria now has a world-leading amount of battery storage capacity relative to energy system despite a period of political turnover, although those assets are now cannibalising the revenues which attracted investment in the first place.
The Italian government has declared an AI data centre in development by Energy Vault, featuring hybrid energy storage technologies, to be of strategic national interest.
Squadron Energy has completed a refinancing of its Australian renewable energy portfolio, securing total debt commitments of more than AU$2.7 billion (US$1.76 billion).
The largest grid-scale battery energy storage system (BESS) project in the Czech Republic has gone online, supplied by a company invested in by lithium-ion OEM CATL.
The State Council of China recently released the 15th Five-Year Carbon Peaking Action Plan, outlining a roadmap for carbon peaking through the Action Plan period.
We caught up with Kevin Huang, Senior Vice President and President of Energy Storage Product Line at Envision Energy at Smarter E in Munich for a video interview on the company’s energy storage strategy and the growing role of AI data centres in power demand.
