London, the UK, August 21, 2024 -- Sungrow, a global leading PV inverter and energy storage system provider, has recently reached a supply agreement with SSE Renewables, providing the PowerTitan liquid-cooled energy storage system for the Monk Fryston 320MW/640MWh independent energy storage project in Yorkshire, UK.
According to data released last week by Italian solar energy association Italia Solare, Italy''s independent energy storage installations surged in the first half of 2024, with a
Global energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group. The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy.
The project reaffirms NHOA Energy''s dedication to empowering Italy''s energy landscape with innovative and reliable power solutions. ERG, major independent electricity producer from renewable sources, is a leader in the
In late January, Energy-Storage.news covered French developer Neoen''s announcement of Yllikkälä Power Reserve Two (YPR2), a 56.4MW/112.9MWh BESS set to be Finland – and the Nordics'' – biggest
Drax has appointed global hydropower technology supplier ANDRITZ as the main contractor for the Cruachan upgrade project. ANDRITZ Hydro is one of the world''s leading suppliers of electromechanical equipment
Italy''s Anie said the boost for small-scale energy storage systems provided by the country''s renovation "superbonus" is over. The tax credit, which initially offered a 110% rebate for the cost of qualifying energy
The new investment commitments total €60 million (US$65.37 million) and will be used towards Energy Dome''s first 10-hour duration commercial project, which will be 20MW output with 200MWh storage capacity
On May 8 th, 2020, the Fujian Energy Regulatory Office issued the first power business license (power generation type) for the independent storage power station of Jinjiang Mintou Power Storage Technology Co., Ltd. of Fujian
Source: Polaris Energy Storage Network, 1 March 2024 Polaris Energy Storage Network learned that on 29 February, MAYMUSE () signed a contract for a vanadium flow battery
The MACSE auction will provide 15-year contracts for energy storage projects whereby they will be paid annual premiums to cover operating costs in exchange for making their capacity available on the Dispatching
LONDON and MANCHESTER, UK – Highview Power, a global leader in long duration energy storage solutions, in partnership with Carlton Power, announced today that it is beginning the execution process on a 50 MW liquid air energy storage facility (with a minimum of 250MWh) in Greater Manchester, United Kingdom.The CRYOBattery™ will be one of Europe''s largest
Compressed air energy storage charges by pressurising air and funnelling it into a storage medium, often a salt cavern, and discharges it by releasing the compressed air through a heating system, which expands air before it is sent through a turbine generator.A-CAES (Premium access article) works in much the same way, but it takes the heat from the
This project represents China''s first grid-level flywheel energy storage frequency regulation power station and is a key project in Shanxi Province, serving as one of the initial pilot demonstration projects for "new
Prime Minister Mohammed Shia al-Sudani has announced the readiness to launch Iraq''s largest electricity production project, with a capacity of 10,000 megawatts. The announcement came during his visit to the holy city of Karbala on Thursday, where he also initiated the executive works of three significant power station projects, with a key partnership
Italian power utility Enel has announced it secured 12.9 GW of the 41.5 GW awarded by Italian grid operator Terna in its latest capacity market auction.
In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power''s 500MW-plus pipeline of BESS projects.
Italy is launching a state aid package of EUR 17.7 billion for the establishment of a centralized electricity storage system. The scheme is for developers of eligible projects to receive annual payments for investments and
Italy''s TSO Terna is in the midst of reforming the electricity market to incorporate new energy storage resources onto the grid. Image: Terna. In a big week for the grid-scale energy storage market in Italy, regulators have
Consultants in the Singapore and Philippine offices of DNV, the independent energy expert and assurance provider, have assisted SN Aboitiz Power Group in the development of a battery energy storage system (BESS)
The Economic Value of Independent Energy Storage Power Stations Participating in the Electricity Market Hongwei Wang 1,a, Wen Zhang 2,b, Changcheng Song 3,c, Xiaohai Gao 4,d, Zhuoer Chen 5,e, Shaocheng Mei *6,f 40141863@qq a, zhang-wen41@163 b, 18366118336@163 c, gaoxiaohaied@163 d,
The new Independent Power Producerfor the Italian energy transitionGreenGo is a professional developer of renewable energy utility-scale plants offering reliable services during the
Rendering of a project to put a 100MW hydrogen electrolyser facility at the site of a gas power plant in Lingen, Germany. Image: RWE . The German government has opened a public consultation on new frameworks to
Construction at one of Broad Reach Power''s first tranche of Texas BESS, quickly followed by much bigger projects. Image: Broad Reach Power. China''s Contemporary Amperex Technology Limited (CATL) has sold
Not long ago, Terna, the Italian grid operator, announced Italy''s installed energy resources, and the data show that as of October 31, 2024, Italy has commissioned 38.8GW of PV power projects and 12.9GW of wind power projects, with a total of 75.2GW of hydroelectricity, and there are about 707,000 energy storage projects, with a total installed
Pumped storage is still the main body of energy storage, but the proportion of about 90% from 2020 to 59.4% by the end of 2023; the cumulative installed capacity of new type of energy storage, which refers to other types of energy storage in addition to pumped storage, is 34.5 GW/74.5 GWh (lithium-ion batteries accounted for more than 94%), and the new
Identical to Energy Dome project currently in construction in Italy. Energy Dome, to date, has delivered one 2.5MW/4MWh commercial-scale demonstrator project in Sardinia, Italy, which went online in 2022. It is
Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to
Saudi Arabia''s government entity tasked with procuring electricity generation projects has commenced the qualification process for a 2GW/8GWh battery storage tender. Saudi Power Procurement Company (SPPC), licensed as the sole buyer of electrical energy and capacity from sources within the Kingdom, made the announcement on Monday (4 November).
Three projects in Italy''s Lombardia, Piemonte, and Puglia regions. 14 February 2024, ITALY / UK / SINGAPORE – ACL Energy, a Milan-based battery energy storage developer, today announces a joint venture
The projects have committed to spending 11% and 20% of total costs respectively, on local content during construction, and 20% and 26% of total costs on local-content respectively, during
The subsidies cover, among other things, customer-side energy storage systems. It is reported that the policy is funded by 320 million euros, of which 40% will be
An operational PV plant in Italy. Image: NextEnergy Capital. meaning a total power rating of the new energy storage capacity of 8.875GW. The 8.875GW/71GWh is in addition to distributed energy storage resources
In terms of other large battery projects, Energy-Storage.news reported at the end of this October that Statkraft Chile is developing a wind power project on public land at which it expects to install 1GWh of batteries and in
Anie reported Italy added 168,550 energy storage units from January to the end of September 2024, with a total rated power of 1,591 MW and a capacity of 4,387 MWh.
On November 16, Fujian GW-level Ningde Xiapu Energy Storage Power Station (Phase I) of State Grid Times successfully transmitted power. The project is mainly invested by State Grid Integrated Energy and CATL, which is the largest single grid-side standalone station-type electrochemical energy storage power station in China so far.
As previously reported by Energy-Storage.news, the two projects will be in Kiisa in the Saku Rural municipality and Arukylä in the Raasiku Rural municipality and will provide emergency reserve power. Kiisa is the
100MW/200MWh Independent Energy Storage Project in China This project is a utility-scale energy storage plant with a capacity of 100MW/200MWh, covering an area of 18,233 square meters. It comprises 28 sets of ST3440UX*2-3450UD-MV liquid-cooled lithium battery system, 1 set of ST2750UX*2-2750UD-MV liquid-cooled lithium
Trina Storage, the leading global energy storage solution provider, has commissioned its first utility storage project, Torre di Pierri, in Italy. The system is developed and owned by Trinasolar''s International System
That is for both the Y-4 auction, for delivery in 2028-2029, and the first Y-1 auction, for delivery in 2025-2026. Some 13 new large-scale projects were selected, including from utility and independent power producer (IPP) Engie and developer-operators Storm and Giga Storage brings the total BESS awarded CRM contracts to-date to 1.1GW, Aurora added.
The energy minister of Italy has signed a decree paving the way for an energy storage capacity auction to kick off in the first half of 2025.
The European Commission has approved, under the European Union’s state aid rules, a EUR 17.7 billion scheme with which Italy intends to support the establishment and operation of a centralized electricity storage system.
After winning clearance in Brussels, Italy can now select companies developing electricity storage projects eligible for subsidies. The mechanism is set to cover investment and operating costs through annual payments.
The plan is to support electricity storage facilities with 9 GW in total operating power and an overall capacity of 71 GWh until the end of 2033. The production of electricity from renewable energy sources depends on sunlight, wind and hydrology, and the electricity demand curve is different.
The planned storage capacity will come from 20 projects selected by Italian grid operator Terna through the latest capacity market auction. Half of them will be located on the island of Sardinia. Italian power utility Enel has announced it secured 12.9 GW of the 41.5 GW awarded by Italian grid operator Terna in its latest capacity market auction.
It will be led by transmission system operator (TSO) Terna. The EU approved a €17.7 billion package to fund the programme in December 2023, and Terna is aiming for it to support the deployment of 50GWh of energy storage by 2030, which is lower than the initial 71GWh forecast.
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