The launch of Greece’s first tender for battery energy storage capacity has been pushed back to the second quarter and is expected to take place in late June, Energypress reports. The competition will be the first of two rounds through which the state will seek to allocate some EUR 200 million (USD 219m) in funding […]
S Africa issues RfP for 513 MW of battery storage – EQ Mag
South Africa’s Department of Mineral Resource and Energy (DMRE) is seeking to award five battery energy storage projects totalling 513 MW in a tender to be open until the start of July. DMRE last week launched a request for proposals (RFP) that invites bids under the Battery Energy Storage Capacity Bid Window of the country’s […]
UK’s T-1 Capacity Auction awards 627 MW of battery storage – EQ Mag
Battery energy storage projects totalling 627.4 MW have secured contracts in the UK’s 2023-24 Capacity Market auction, representing an increase of more than 60% compared to the previous round, the National Grid Electricity System Operator (NGESO) announced last week. The T-1 Auction was concluded on February 14 with the goal to ensure that the country […]
Opportunity for battery storage ‘as big as it has ever been’ in Europe – EQ Mag
Healthy arbitrage opportunities to continue 44.6 GW European storage forecast by 2030 Purchasing power challenge versus EVs Battery storage players in Europe are experiencing both the best of times and the worst of times. The ongoing volatility in the European power market makes the case for grid-scale batteries like never before, but persistent supply constraints […]
Govt to Invite Bids For Battery Storage, Green Hydrogen, Ammonia Projects: RK Singh – EQ Mag Pro
The next round of bids will be under the PLI scheme for grid level, says Minister The government will invite bids for battery storage projects from players looking to invest in the renewable energy sector, Union Minister RK Singh said on Wednesday. Bids will also be invited for green hydrogen and green ammonia projects, the […]
Goldman says battery storage, hydrogen and other clean energy stocks are where investors should be – EQ Mag Pro
Energy reliability and security are top concerns after Russia’s invasion of Ukraine disrupted global energy flows, and Goldman Sachs believes companies exposed to these themes will outperform going forward. In other words, it’s not just about clean energy, it’s about clean, reliable energy. “We expect battery and hydrogen storage solutions to continue to receive greater […]
India’s battery storage potential to be 600 GWh by 2030: Niti report – EQ Mag Pro
India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and demand for electric vehicles, stationary storage and consumer electronics will mainly drive adoption of battery storage, a Niti Aayog report said. The report further said a coherent regulatory framework incentivizing all stakeholders to participate in the recycling process will help […]
Sembcorp to build 200MW battery storage at Singapore’s industrial hub Jurong Island – EQ Mag Pro
Singapore-based energy and urban development group Sembcorp is building 200MWh of battery storage systems on Jurong Island, home to much of the country’s industrial activity. Jurong Island was formed through land reclamation efforts that began in the late 1960s and culminated in its establishment as one of the world’s top 10 chemicals production hubs and […]
Enphase Energy Expands Battery Storage in Puerto Rico – EQ Mag Pro
FREMONT, Calif. : Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Puerto Rico have seen growing deployments of Enphase Energy Systems powered by IQ® Microinverters and IQ™ Batteries, with the grid experiencing frequent outages […]
Tata Power-DDL is also looking for opportunities in the battery storage and hybrid spaces in its renewable push – EQ Mag Pro
The company is also looking for opportunities in the battery storage and hybrid spaces in its renewable push, Ganesh Srinivasan, CEO, Tata Power-DDL said.