Gresham House Energy Storage Fund plc (LON:GRID) said today it has signed contracts to acquire a further 425 MW of battery energy storage projects from Gresham House Devco Ltd and proposed a GBP-100-million (USD 138m/EUR 117m) placing. The 425-MW so-called current pipeline includes seven projects in the UK, ranging from 35 MW to 100 MW […]
NTPC, an independent power producer (IPP) in India with over 65GW of power plants across the country wants to install 1,000MWh of energy storage at its existing generation facilities. The government-owned company has invited Expressions of Interest (EOI) for the installation of battery energy storage systems (BESS) at multiple power plant sites, with the primary […]
Janet Mills, Governor of Maine, has signed legislation that makes hers the ninth US state to have adopted a deployment target for energy storage. On 22 June, the governor’s office announced that Mills had signed ‘LD 528: An act to advance energy storage in Maine’. It sets out a state goal for energy storage development […]
EQ presented a webinar on ‘PLI Scheme for National Programme on Advanced Chemistry Cell Battery Storage’ on June 22, 2021 at IST 04:00. Anil Srivastava Former Principal Adviser and Director General, NITI Aayog participated as keynote speaker in the webinar. Dr. Rashi Gupta, Director of Vision Mechatronics, moderated the session. The other speakers in the […]
African power development company Ncondezi Energy Ltd (LON:NCCL) this week announced that its renewables subsidiary signed a term sheet with Johannesburg-based investor Nesa to negotiate setting up a solar and storage-focused joint venture (JV) in the southern Africa’s commercial and industrial (C&I) sector. Through 100%-owned Ncondezi Green Power (NGP), the company signed a pact with […]
The Indian Ocean island nation of the Maldives has begun tendering for 40MW / 40MWh of battery energy storage systems across several regions. The Republic of Maldives’ government said some of the proceeds of financing it has received from the World Bank to help accelerate renewable and sustainable energy integration will be used to pay […]
Mozambique’s energy and mineral resources minister attended a ceremony to mark the start of construction on the first solar project in the country to be paired with utility-scale battery energy storage. Minister Ernesto Max Tonela made the ceremonial first solar panel installation at Cuamba Solar PV plant, which will combine 19MWp (15MWac) of solar PV […]
Solar PV and wind will continue to be the cheapest sources of new electricity generation capacity in Australia, even when integration costs are included, according to new research from the country’s science agency, CSIRO, and the Australian Energy Market Operator. While the third annual GenCost report features a more accurate approach for analysing the cost […]