Australian startup builds production line for thermal energy storage blocks
Australia-based MGA Thermal has secured AUD 8.25 million ($5.39 million) from domestic and international investors as it gears up for commercial-scale production of its thermal long-duration energy storage solution.
Solar, storage, and V2G at the core of Israel’s future energy system
New research has shown that Israel has the technical potential to deploy 172.5 GW of photovoltaics, of which 132.1 GW would be from conventional installations and 40 GW from agrivoltaics. If deployed, this full potential would require energy storage with a capacity of at least 500 GWh and strong development of vehicle-to-grid technologies.
Energy Vault completes 25 MW/100 MWh gravity-based storage tower in China
Energy Vault has started commissioning a 25 MW/100 MWh energy storage tower adjacent to a wind power facility near Shanghai.
Romania resumes development of 1 GW pumped hydropower project
Romania is resuming the development of the Tarniţa Lăpuşteşti pumped hydro storage project, with a planned capacity of 500 MW to 1 GW. It will be the first installation of its kind in the country.
SECI tenders 1.5 GW of renewables with storage
Solar Energy Corp. of India Ltd has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on September 15.
Brookfield, Reliance Industries sign MoU for solar panel, battery storage production in Australia
Brookfield and Reliance have signed a memorandum of understanding to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.
Israel’s Brenmiller signs MoU with Waaree Energies to deploy thermal energy storage projects in India
Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.
UK coal-fired power plant site to host 1,040 MW/ 2,080 MWh battery
Independent energy infrastructure developer Carlton Power has secured planning consent for a 1,040 MW/ 2,080 MWh battery energy storage system (BESS). The project is expected to strengthen the resilience of the energy system in northwestern England.
PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
