Tag Archives: battery energy storage systems

DNV Expands Global Power Systems Expertise Through Strategic Purchase of Australian Grid-Connection Specialist SPS

(IN BRIEF) DNV has acquired Smarter Power Solutions Pty Ltd, an Australian power systems engineering consultancy specialising in advanced grid-connection services. The move strengthens DNV’s position as a leading independent power grids consultancy in Asia Pacific and enhances its global … Read the full press release

European Investment Fund Strengthens Alternative Lending Platform Under Regional Resilience Fund with Investment in Qualitas Energy

(IN BRIEF) The European Investment Fund has committed €62 million to the Qualitas Energy Credit Fund under the Alternative Lending Instrument for Sustainable Development within Spain’s Regional Resilience Fund, using NextGenerationEU resources. Managed by Qualitas Energy, the fund provides debt … Read the full press release

RWE Deepens Strategic Energy Partnership with ADNOC and Masdar to Strengthen Europe’s Energy Security

(IN BRIEF) RWE has signed two Memoranda of Understanding with ADNOC and Masdar during the German Chancellor’s state visit to the UAE, establishing a framework to explore long-term LNG supplies of up to 1 million tonnes per year for Germany … Read the full press release

Iberdrola España Advances Energy Transition with Hybrid Solar and Battery Project at Alarcón

(IN BRIEF) Iberdrola España has commissioned Spain’s first large-scale battery storage systems at Alarcón in Cuenca, integrating the Romeral and Olmedilla batteries with existing photovoltaic plants to enhance grid stability and renewable energy use. With a combined capacity of 120 … Read the full press release

Prosolia Energy Expands Spanish Renewable Platform With 229 MW Solar Portfolio Acquisition

(IN BRIEF) Prosolia Energy has completed the acquisition of a 229 MW portfolio of five operational solar parks in Spain from EDP Renováveis, strengthening its renewable energy platform and advancing its international growth strategy. Located in Andalucía and Castilla y … Read the full press release

ABB strengthens global renewable capabilities with addition of Gamesa Electric expertise and 46 GW of serviceable wind converter capacity

(IN BRIEF) ABB has completed its acquisition of Gamesa Electric’s power electronics business from Siemens Gamesa, expanding its renewable energy portfolio at a time of accelerating global demand for solar, wind, and storage technologies. The deal brings approximately 400 employees, … Read the full press release

RWE Advances £200 Million Pembroke Battery Storage Project to Strengthen UK Grid Flexibility and Support Wales’ Net Zero Goals

(IN BRIEF) RWE has taken the final investment decision on its £200 million Pembroke Battery Storage project, the company’s largest UK storage development to date and a cornerstone of the Pembroke Net Zero Centre in South Wales. The project, which … Read the full press release

Prime Capital grows sustainable infrastructure debt fund to €130m with EIF’s €30m commitment under InvestEU

(IN BRIEF) Prime Capital AG has expanded its Prime Sustainable Infrastructure Debt Fund (PSIDEF) to €130 million after securing a new €30 million commitment from the European Investment Fund under the InvestEU programme. The Article 9 fund focuses on financing … Read the full press release

SGS and Chongqing Energy College unveil advanced AI-based automated thermal runaway testing system for battery energy storage safety

(IN BRIEF) SGS, in collaboration with Chongqing Energy College, has launched the world’s first AI-powered, fully automated thermal runaway testing system for energy storage batteries, aiming to improve fire safety in the growing BESS market. Installed at the Chongqing Renewable … Read the full press release

METLEN and Copec EMOAC Partner to Deliver 450 GWh of Renewable Energy in Chile with Nighttime Storage Support

(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release

GreenPowerMonitor Unveils Enhanced Energy Management Solutions to Support the Transition to Hybrid Energy Plants

(IN BRIEF) GreenPowerMonitor (GPM), now part of DNV, has introduced important advancements in its energy management solutions aimed at supporting the transition to hybrid energy plants and improving grid stability. These updates include the Hybrid Energy Management System (HEMS) and … Read the full press release

TotalEnergies’ Antwerp Battery Farm Project to Enhance Energy Security and Renewables Integration

(IN BRIEF) TotalEnergies has launched a battery farm project at its Antwerp refinery in Belgium, featuring a 25 MW power rating and a 75 MWh capacity. The battery installation, supplied by Saft, a subsidiary of TotalEnergies, will be the company’s … Read the full press release

Enel Green Power Sets Ambitious Goal to Reach 75 GW of Renewables by 2025

(IN BRIEF) Enel Green Power (EGP) set a new record in 2022 by building 5,223 MW of new renewable capacity, including 387 MW of battery energy storage systems. The new capacity includes over 80 plants, mainly solar and wind. EGP … Read the full press release

DNV report: grid-scale energy storage solutions key for the investors in renewables across Asia Pacific

(PRESS RELEASE) BÆRUM, 15-Sep-2021 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the release of its study “Energy Storage in the Asia Pacific Region”. According to the report investors in renewables are evaluating energy storage … Read the full press release

Total’s entire power consumption in U.S. now fully covered by green electricity

(PRESS RELEASE) PARIS, 5-Feb-2021 — /EuropaWire/ — Total (EPA: FP), a French multinational broad energy company, has announced it will add 2.2GW to its U.S. solar portfolio. The addition comes after the acquisition of a development pipeline of 2.2 GW … Read the full press release