(IN BRIEF) BBVA and Malta Iberia PHES SL have signed an agreement to develop a 14 MWh long-duration energy storage demonstration plant in Puertollano, Spain. Utilizing a closed-loop molten salt and steam system, the facility will absorb surplus renewable energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Malta, Spain, Technology
Tagged BBVA, Ciudad Real, cleantech, climate-aligned finance, decarbonization, European energy resilience, grid stabilization, H2Med corridor, LDES, Long Duration Energy Storage, Malta Iberia PHES SL, Malta Inc., molten salt, National Hydrogen Centre CNH2, Philippe Delleville, Puertollano, renewable integration, Roberto Albaladejo, steam cycle
(PRESS RELEASE) PARIS, 21-Dec-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the launch of what’s considered France’s largest battery-based energy storage facility in response to the grid stabilization needs. Located in Dunkirk, … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged battery, battery storage, battery-based energy storage facility, Dunkirk, energy storage, France, French Electricity Transmission Network, green electricity, grid security, grid stabilization, renewable energy, RTE, TotalEnergies, Vincent Stoquart
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