Navdeep Gupta Sunil Dayal The 2015 Paris agreement was a landmark agreement to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future. To reach these ambitious goals, appropriate mobilization and provision of financial resources, a new […]
Tesla Inc. is plotting an entry into Japan’s energy sector with plans to provide power companies with large storage batteries and energy management systems that will support the country’s shift to renewable energy, the Nikkei newspaper reported without attribution. Tesla will start by delivering batteries for an energy storage project in Japan’s northern island of […]
BHP Group said it is planning to build two solar farms and a battery storage system in partnership with Canada’s TransAlta Renewables at its nickel project site in Western Australia. The global miner said the project will help reduce carbon emissions by 12 percent compared with 2020 levels at its Mt Keith and Leinster operations, […]
US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021, but its Energy Resources division reported a fiscal loss of US$315 million. Of the 1.84GW NextEra Energy Resources added in the second quarter, roughly 1.45GW was new solar and 105MW was new energy storage. The clean […]
Large battery storages can help India’s electricity grids, given the intermittent nature of electricity from clean energy sources such as solar and wind. There is growing traction for India’s playbook for developing a battery storage ecosystem that involves setting up 50-gigawatt hour manufacturing capacity for advance chemistry cell batteries NEW DELHI : In a push […]
Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines. Rendering of Slate, a solar-plus-storage project which Canadian Solar’s development subsidiary Recurrent Energy is currently working on in King’s County, California. The ministry’s Energy Mining Planning Unit (UPME) launched the tender earlier […]
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 […]