The bulk of her time is taken up with carbon project development and trying to encourage a circular economy in South Africa. “Energy is the low hanging fruit to creating to stimulus to encourage reinvestment into water nexus and reforestation and all the other waste areas we should be looking at,” said Dean. Through her […]
Eight batteries to be built around Australia to increase renewable energy storage capacity – EQ Mag
Energy minister Chris Bowen says the batteries – shared between four states – will increase capacity tenfold to help stabilise the grid Eight large batteries to store renewable energy will be built around Australia to support the grid and help keep energy prices down, the federal government has said. The government-owned Australian Renewable Energy Agency […]
REPowerEU Rules on Accelerated Permitting Apply to all Energy Storage – EQ Mag
The European Parliament, in plenary session, voted on the REPowerEU amendments to the Renewable Energy, Energy Performance of Buildings and Energy Efficiency Directives. Unveiled in May, the objective of the Directives is to strengthen European energy security, jeopardised by the Russian invasion of Ukraine. The European Commission proposal outlined new rules to speed up renewable […]
Greenko enters into partnership with NTPC for energy storage and flexible & despatchable RE power supply solutions – EQ Mag
Greenko Energies Pvt Ltd (Greenko) and NTPC Vidyut Vyapar Nigam Ltd. (NVVN), a wholly owned subsidiary of NTPC Limited – India’s largest power generation with generation fleet in excess of 60 GW and transitioning into Renewables, have entered into an MOU with an intent to explore possibility of development of Renewable Energy (RE) based RTC, […]
Breaking News : Purchase of 250 MW Flexible & Schedulable Power Through Competitive Bidding Process – EQ Mag
Breaking News : Purchase of 250 MW Flexible & Schedulable Power Through Competitive Bidding Process.
Energy Storage Technology – EQ Mag
The Government agrees that in the initial phase of adoption of energy storage technologies, market mechanisms and innovative economic models will be required for development and deployment of energy storage technologies which would be most beneficial to the country in the long-term. The following initiatives have been taken to promote growth of energy storage technologies: […]
Private equity’s energy-storage bets begin to pay off – EQ Mag
Energy storage, once a sliver of the renewable-power generation sector, is becoming an asset class of its own, and some early private-equity backers of battery-project developers are beginning to reap the benefits. EnCap Investments, a Houston-based private-equity firm that focused exclusively on the oil-and-gas industry before putting money into energy storage in 2019, has exited […]
ERC to review ‘market share limit’ of storage system – EQ Mag
The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a “generation” capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being studied now by ERC and the DOE because current DOE classification for […]
Energy storage backed with over £32 million government funding – EQ Mag
Five energy storage projects across the UK will benefit from a share of over £32 million government funding. £32.9 million government funding awarded to projects across the UK to develop new energy storage technologies, such as thermal batteries and liquid flow batteries energy storage will be crucial as the UK scales up secure, clean and […]
Two energy storage firms win £14m for new technologies – EQ Mag
Two Scottish firms have been awarded a total of more than £14m by the UK government to help them develop new energy storage technologies. East Lothian-based Sunamp will receive £9.25m to help trial its advanced thermal storage system in 100 UK homes. And StorTera in Edinburgh will get £5m towards a prototype demonstrator of its […]