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.Â
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.
Malawi’s energy minister was on hand last week as the southeast African country inaugurated its first large-scale standalone battery energy storage system (BESS).
The government of Malaysia has unveiled the next round of its Large-scale solar (LSS) program tender seeking 2.5GW of solar PV co-located with 1.25GW of battery energy storage system (BESS) capacity.
Spain has awarded €165 million to seven pumped hydro storage projects totalling around 2.1GW/21GWh, while Portugal has set a target of 1.4GW of new pumped hydro capacity by 2040.
