In Short : Lineage Power has bagged a ₹1.58 billion battery pack order from Reliance Industries Limited. The contract strengthens Lineage Power’s position in the advanced energy storage segment and supports Reliance’s broader clean energy and electrification initiatives across multiple business verticals. In Detail : Lineage Power has secured a significant ₹1.58 billion order for […]
Spain awards subsidies for 904 MW of energy storage projects – EQ
The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds to support 36 energy storage projects co-located with renewable energy facilities throughout Spain. Awarded through a competitive bidding situation, these funds will subsidise the installation of a total of 904 […]
EU approves €1.1 billion worth Hungarian scheme for energy storage projects – EQ Mag
The European Commission has approved a €1.1 billion worth Hungarian scheme to support the installation of at least 800 MW/ 1600 MWh of energy storage facilities to foster the country’s transition to a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission to support measures […]
Report Identifies Bottlenecks That Keep Energy Storage Projects From Being Built – EQ Mag
Most energy storage projects are not built because of interconnection bottlenecks, according to a new report. The report, The Interconnection Bottleneck Why Most Energy Storage Projects Never Get Built, was prepared by the Applied Economics Clinic on behalf of Clean Energy Group and found that local interconnection processes have not kept up with rising interest […]
Hecate Energy secures US $ 550 m credit facility for solar, energy storage projects – EQ Mag
Chicago-based Hecate Energy, a developer of renewable power projects and energy storage solutions in the United States, has recently announced the close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit facility to support further expansion of its solar and energy storage project […]
Origis selects Mitsubishi to supply batteries to three energy storage projects – EQ Mag
Located in the Southeast US, the project are slated to come online over the next two years. US-based solar and energy storage developer Origis Energy has awarded a contract to Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) with a total capacity of 150MW/ 600MWh. Mitsubishi Power Emerald storage solution will […]
OX2 wins auctions for solar and energy storage projects in Poland – EQ Mag
OX2 has won auctions in Poland for a solar farm with a total installed capacity of up to 100 MW and an energy storage project with a capacity of 50 MW. Both projects are part of OX2’s portfolio and will now move forward. The solar farm that will with an installed capacity of up to […]
Origis Energy and Mitsubishi Power to Bring Battery Energy Storage Projects to the Southeast United States – EQ Mag
Projects Will Add 600 Megawatt-Hours of Storage Capacity to Origis Solar Sites MIAMI & LAKE MARY, Fla. : Origis Energy, one of America’s largest solar and energy storage developers, has contracted Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) projects totaling 150 megawatts / 600 megawatt hours. The projects will be […]
Boralex adds 600 MW of energy storage projects and 111 MW of wind and solar projects to its project pipeline in the third quarter
Boralex adds 600 MW of energy storage projects and 111 MW of wind and solar projects to its project pipeline in the third quarter Corporation well positioned to seize growing opportunities in key markets For more information please see below link:
Five Largest Energy Storage Projects in Africa – EQ Mag Pro
With the energy transition currently underway in Africa, the rapid increase in energy production to meet both demand and emissions reduction targets present a risk in the form of increased network congestion, threatening security of supply. Thus, the method of combining renewables production with storage systems is crucial to optimized grid management. This method is […]