Infratec general manager Nick Bibby said that the storage system is "the first of its scale to be built in New Zealand". As reported by Energy-Storage.news, the two companies completed their assessment of the project in late 2021, selecting a site in Huntly, a town in the Waikato District.. They then announced the appointment of key contractors

US$219 million of financing has been secured by developer Plus Power for the 185MW / 565MWh Kapolei Energy Storage (KES) project in O''ahu, Hawaii. Plus Power said earlier this week that it had closed the credit facility comprising US$188 million in non-recourse construction debt and US$31 million in letters of credit, through financing

Ireland''s national planning body An Bord Pleanàla has approved a €140 million (US$135.7 million) proposed battery storage facility set to be developed by Strategic Power Projects at Dunnstown, County Kildare. The project will have a capacity of over 200MW, making it the single largest battery application in Ireland, the company said

4 · The Colombian subsidiary of Italian renewable energy group Enel Green Power has reached commercial operations of 240MW of solar PV capacity. 12GW of energy projects. $190 million solar

Energy storage is of particular interest to large energy-intensive businesses, especially those who need to ensure electricity reliability and availability.

The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy generation and storage projects on the Canary Islands. The projects will add 92MW of generation and 186MWh of energy storage capacity across the Canary archipelago, though the majority (30) of the

1 · JinkoSolar has announced a strategic commercial partnership with Mecasolar, a leading manufacturer of trackers, structures and integrated supply solutions, to expand utility project opportunities

Total Generation (2019) 80.1 GWh Transmission and Distribution Losses 26.2% Electricity Access. Total population 95% Urban population 96% Rural population 92%. Average Electricity Rates (USD/kWh) Residential $0.346 Commercial $0.406 Government $0.416 Lifeline for consupmtion less than 500 kWh per month $0.326 Outer Island Solar Home

The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told Energy-Storage.news. Premium. California utility SCE seeks approval for 750MW of energy storage resource adequacy contracts.

Energy storage is of particular interest to large energy-intensive businesses, especially those who need to ensure electricity reliability and availability. Our Marshall Islands practice. Consumer markets; Financial institutions; Technology; Energy, infrastructure and resources; Lāwa''i Solar and Energy Storage Project

Image: Flickr user Gage Skidmore. The US state of California is providing US$31 million for a long duration energy storage project combining vanadium flow and zinc-hybrid batteries, the first grant from a US$380 million package. The funding is going to microgrid developer Indian Energy LLC for a project with a 60MWh long duration

Image: ISA CTEEP. Further details about Brazil''s largest battery storage project to date have been revealed including its integrators and equipment providers. The inauguration of the 30MW/60MWh system took place last year, on the networks of transmission system operator (TSO) ISO CTEEP, as reported by Energy-Storage.news

Siemens'' international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW. The debt facility from NADBank (North American Development Bank) and Siemens Financial

With a total power capacity of 30 MW and the ability to store up to 120 MWh of energy, the Holtville BESS project is now the largest standalone battery storage asset in GCM''s

Energy storage is of particular interest to large energy-intensive businesses, especially those who need to ensure electricity reliability and availability. For corporations operating in markets with unreliable grid infrastructure or in remote environments, it can also help eliminate the need to rely on backup generators which often run on diesel.

Around 16GW of battery energy storage system (BESS) projects got preliminary registration for this year''s capacity market auction in Poland, developer Hynfra told Energy-Storage.news. As reported here at the time, the company had a 7.5MW BESS project win an award in last year''s auction in December which handed out a total of

The six new BESS projects were amongst 1.9GWh of energy storage projects awarded grant funding in a recent tender called PERTE (Spanish strategic projects for the economic recovery and transition, in English) and will receive a total of €37.5 million (US$41 million) in funding towards their deployment.

Image: Ingeteam. The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026. The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) opened a public consultation into the grant scheme yesterday (6

As reported by Energy-Storage.news back in August 2022, US power producer AES Corporation is developing the plant, featuring 30MWac/43MWdc of bifacial solar PV modules on single-axis trackers, and 30MW/120MWh of lithium-on battery storage.. As noted in the August article, AES appointed German renewable energy

The process of developing energy storage projects in Germany is about to get longer and there is a risk it grinds to a halt as the market matures and regulations are made, developer BayWa r.e. told

17 · China Three Gorges Renewables will invest RMB79.8 billion (US$10.98 billion) in the energy project, taking a 56% stake, with the remaining 44% controlled by Inner Mongolia Energy Group.

As reported by Energy-Storage.news back in August 2022, US power producer AES Corporation is developing the plant, featuring 30MWac/43MWdc of bifacial solar PV modules on single-axis trackers,

While the average output (in megawatts) and capacity (in megawatt-hours) of grid-connected battery storage systems appear to be getting larger, with some recently completed and announced projects exceeding the hundred MW / MWh mark, there''s still a vital role to be played for smaller systems that showcase the multiple different

The French overseas territory of New Caledonia has hailed the switch-on of a 16MWp solar farm, with battery energy storage to be later attached, and another standalone 5MWh battery project as significant steps towards ''100% renewable energy'' targets. Both projects have been executed by subsidiaries of major players: Total

Image: Hitachi Energy. Hitachi Energy has installed a 6.25MW/7.5MWh battery energy storage system (BESS) in the Faroe Islands for utility SEV, with substantial benefits to a connected wind farm. The energy solutions arm of the large Japanese conglomerate announced the completion of the 1.2-hour project, the largest in the North

Targets Renewable Energy Energy Efficiency Transportation In Place Proposed Prepared by the National Renewable Energy Laboratory (NREL), a national laboratory of the U.S.

One of the three projects during construction and commissioning. LG battery modules can be seen on the left. Image: Burns & McDonnell. The engineering, procurement and construction (EPC) team at international construction firm Burns & McDonnell has brought online 60MWh of battery energy storage systems (BESS) in

Back in 2018, it became one of the first states in the US to adopt any sort of energy storage target policy or goal, introduced as Governor Phil Murphy signed the New Jersey Clean Energy Act. It not only committed the state to 100% clean energy by 2050 but also put in place storage procurement goals of 600MW by 2021 and 2GW by 2030.

Image: Lazard. While decreases in costs continue to make energy storage more and more competitive, financial advisory and asset management firm Lazard has highlighted just how variable project economics can be, citing examples of US projects with 9%, 11% and 21% IRR (internal rate of return). Lazard, which has advised the likes

February 13, 2024. "Energy storage like this major battery plant at the ESB''s flagship site in Poolbeg will be a core part of Ireland''s new renewable energy transition," Eamon Ryan said. Eamon Ryan (centre) cuts the ribbon to inaugurate the 75MW/150MWh Poolbeg BESS, flanked by ESB''s Jim Dollard (left) and Fluence''s SVP and EMEA

Sub-Saharan Africa''s first grid-connected utility-scale co-located project entered commercial operations in May 2022. The 20 MW Golomoti Solar PV and Battery

"The new 2.4-MW solar PV system and 2 MW/3-MWh energy storage system was designed to minimize the runtime of the diesel generator assets for operational and energy related benefits," Downes said. The project began in September 2016 when Johnson Controls received a notice to proceed with the microgrid as part of a broader