Green mobility: IREDA launches scheme to finance battery storage, green hydrogen and fuel cell technologies. For more information please see below link:
San Miguel to Switch On Battery Storage as It Pushes Renewables – EQ Mag Pro
San Miguel Corp., the Philippines’ largest company, said it will start to operate 690 megawatts of its battery-based energy storage facilities early this year, as it seeks to expand investments in renewables. Unit SMC Global Power Holdings Corp. targets to complete this year 31 energy storage facilities with total capacity of 1,000 megawatts, San Miguel […]
Mozambique’s first solar project including grid-scale battery storage achieves financial close – EQ Mag Pro
Africa-based independent power producer (IPP) Globeleq said financial close has been achieved on a solar PV project in Mozambique which will be integrated with energy storage. The Cuamba Solar PV plant will be a 19MWp (15MWac) generation facility paired with 2MW / 7MWh of energy storage supplied by Spanish energy storage company E22. E22 is […]
Battery storage vital to Platte River’s latest RFP – EQ Mag Pro
250 MW of new solar generating capacity sought FORT COLLINS, Colo. : Platte River Power Authority this week issued a request for proposals (RFP) to obtain up to 250 megawatts (MW) of new photovoltaic solar generating capacity that could begin producing noncarbon energy by 2025. The RFP calls for the largest amount of new, noncarbon […]
Power Minister chairs inter ministerial meeting on PLI Scheme for Battery Storage – EQ Mag Pro
Minster Reviews Strategy to acquire Lithium mines abroad Union Minister of Power and MNRE Shri R.K Singh chaired an interministerial meeting on PLI scheme on Advanced Chemistry Cell Battery Storage and Strategy to acquire lithium mines abroad, here yesterday evening. Officials from Ministry of Mines, Ministry of Coal , Ministry of Heavy industries, MEA ,NITI […]
Electrify America Adds 30 MWh Of Battery Storage To 140 EV Charging Sites – EQ Mag Pro
Electrify America is a leader in behind-the-meter energy storage, and they’re adding power to many charging stations! Economics being what they are (just ask Adam Smith), some people would rather put that money to good use than simply shuffle it into the corporate coffers of rapacious utility companies. That may have been what motivated Electrify […]
Electricity Market reforms for procurement of ancillary services can deliver economic benefits: Joint study between Wartsila and KPMG – EQ Mag Pro
Mumbai (Maharashtra) [India] : The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient and cost-effective integration of 450 GW […]
Europe’s residential battery storage fleet to grow over 400% by 2025 – EQ Mag Pro
New 5-year SolarPower Europe Market Outlook The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, […]
Corporate funding into battery storage has exceeded US$11 billion so far this year – EQ Mag Pro
Companies in the battery storage sector attracted US$11.4 billion in corporate funding in the first nine months of 2021, a 363% rise on the same period of last year. Similarly, venture capital (VC) funding into the sector increased considerably: US$5.5 billion was raised from 59 deals, compared to just US$1.2 billion in 21 deals over […]
7.5 MW of battery storage for gold mine – EQ Mag Pro
System integrates hydroelectric power stations, 36 diesel generator sets Barrick Gold Corp. and Caterpillar dealer Tractafric have installed 7.5 MW of battery energy storage capacity for the company’s microgrid at the Kibali gold mine in the Democratic Republic of the Congo (DRC). Tractafric’s solution deploys the battery energy storage and Cat bi-directional power inverters (BDP) […]