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Air Compression to be Used in the World’s Largest Non-Hydro Energy Storage System

The largest advanced compressed-air long-duration energy storage (A-CAES) system in the world is set to be constructed in California in the United States, paving the way for a reliable renewable electricity network. Canadian company Hydrostor has announced that it is developing two 500MW/5GWh A-CAES projects in conjunction with US renewables developer Pattern Energy and French […]

Battery Energy Storage System Market Set to Soar Past USD 31.51 Billion by 2030

ENGIE and Meridiam achieve financial close for two solar photovoltaic projects in Senegal

The solar photovoltaic (PV) plants are part of the Scaling Solar initiative in Senegal, conducted jointly by the Senegalese authorities and International Finance Corporation (IFC) PARIS, France: ENGIE (www.ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment […]

Europe is world’s fastest warming continent: climate report – EQ Mag

Meridiam announces the closing of the reopening of its Africa fund at €546 million, 2.5 times its initial size

– More than €3 billion projects generated through the fund today – Emblematic projects for Africa, all contributing to the UN’s sustainable development objectives PARIS: Meridiam announces today the closing of the reopening of its Meridiam Infrastructure Africa Fund (MIAF) for a total amount of €546 million, above its initial target of €510 million1. Launched […]

Israel launches renewable energy plan in region bordering Gaza – EQ Mag