Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
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The changing shape of European energy storage
Energy storage has grown exponentially in Europe in recent years – and that pace is set to continue across the continent. So, how is the market evolving, and how can industrial players best position themselves to thrive in this fastmoving environment? We recently published an in-depth report – and infographic – that explores the changing … Continue reading The changing shape of European energy storage
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The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
The Spanish Photovoltaic Union (UNEF) announces the celebration of the III Storage and Hydrogen Summit, which will take place on February 11 and 12, 2025 at the Novotel Madrid Center (Calle de O’Donnell, 53, Salamanca, 28009 Madrid). During two days of intense debates and round tables, experts from the energy sector will meet to address … Continue reading The Spanish Photovoltaic Union (UNEF) Hydrogen and Storage Summit will take place in Madrid on February 11 and 12
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RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
RWE, a leading renewable energy company, and Peabody (NYSE: BTU) announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining. This partnership brings together RWE’s expertise in developing and operating clean energy projects and Peabody’s significant land resources, particularly in the Midwest, as well as its industry-leading … Continue reading RWE and Peabody Partner to Develop Photovoltaic Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands
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Spain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
The Official State Gazette for the second week of November contains the announcements corresponding to 9 photovoltaic and hybrid projects for 802.58 MW, of which 311.2 MW are from Iberdrola.Environmental impact statement for the El Horizonte photovoltaic solar plant project, of 51.985 MW, and its evacuation infrastructure, in the province of Alicante, promoted by Viridi. … Continue reading Spain approves 9 photovoltaic, hybrid and 200 MW storage projects in the second week of November
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Global energy storage cell shipment ranking 1Q-3Q24
InfoLink Consulting has launched its global database of the lithium-ion battery supply chain, an essential element for the development of photovoltaic and wind energy. According to InfoLink’s global lithium-ion battery supply chain database, energy storage cell shipments reached 202.3 GWh in the first three quarters of 2024, up 42.8% YoY. The energy storage cell market … Continue reading Global energy storage cell shipment ranking 1Q-3Q24
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Lithium prices remain low, while cell prices drop further
Spot prices for battery-grade lithium carbonate stood at RMB 72,000-75,000/MT as of October 31. The average price was RMB 73,000/MT at the end of the month, down 4.8% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 735-790/MT and averaged USD 763/MT at the end of the month, down 4.1% MoM. … Continue reading Lithium prices remain low, while cell prices drop further
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Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
Donald Trump could slow America’s rise as a clean energy superpower and lose billions of dollars in investment. China will benefit from Trump’s ignorance, becoming the undisputed world leader in wind power, photovoltaics, electric vehicles and batteries, among other sectors. Under Donald Trump, the United States will precipitate its decline. Trump said before his election … Continue reading Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
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Iberdrola receives approval from the Brazilian Government to generate more photovoltaic energy and battery storage in Fernando de Noronha
Iberdrola, through its company in Brazil, Neoenergia, is going to allocate nearly 50 million euros to the development of clean energy in the Fernando de Noronha archipelago, declared a World Natural Heritage Site by UNESCO, through photovoltaic technology and battery storage. The Fernando de Noronha archipelago is a World Natural Heritage Site declared by UNESCO … Continue reading Iberdrola receives approval from the Brazilian Government to generate more photovoltaic energy and battery storage in Fernando de Noronha
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Towards the battery quinquennium: A catalyst for profitability in the renewable sector
In the last AleaSoft Energy Forecasting webinar, with the participation of Deloitte, the discussion highlighted how the reductions in battery costs and their hybridisation with renewable energies will be fundamental to increase the profitability of renewable energy projects. Analyses indicate that batteries, especially in hybrid systems, are starting to become profitable, opening the door to … Continue reading Towards the battery quinquennium: A catalyst for profitability in the renewable sector
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Celsia will put into operation the first battery system connected to a photovoltaic plant
In the next few weeks, the first photovoltaic energy storage system in Colombia with lithium, iron and phosphate batteries will begin to operate. It will be located at the Celsia Solar Palmira 2 plant.This storage system will allow for clean and renewable energy at night, when due to the absence of sunlight, plants of this … Continue reading Celsia will put into operation the first battery system connected to a photovoltaic plant
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Ørsted has completed 600 MW combined photovoltaic (PV) and battery storage project in the US
With a 300 MW solar photovoltaic (PV) capacity, Ørsted’s Eleven Mile Solar Center will produce enough renewable energy to power 65,000 US homes while the battery can store 1200 MWh of power. Ørsted celebrated the official commissioning of the Eleven Mile Solar Center in Pinal County near Phoenix, Arizona. The 300 MW solar farm and … Continue reading Ørsted has completed 600 MW combined photovoltaic (PV) and battery storage project in the US
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Energy storage, essential for photovoltaics and wind power, is a solved problem
There are thousands of extraordinarily good pumped hydro storage sites around the world with an extraordinarily low investment cost. When combined with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and fast response. Storage is a solved problem. In 2023, twice as much solar generation capacity was … Continue reading Energy storage, essential for photovoltaics and wind power, is a solved problem
Continue readingSpain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
The Official State Gazette contains announcements for the month of September of 32 photovoltaic and hybrid wind and battery projects (BESS).Application for the declaration of public utility of the Maira Beta Group Photovoltaic Plant of 140.127 MW and its evacuation infrastructures, in the municipal terms of La Vid de Bureba, Berzosa de Bureba, Vileña, Grisaleña, … Continue reading Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
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Impact of hybridisation of renewable energy and batteries on the energy transition and PPA
Hybridisation of batteries and renewable energy not only improves the technical efficiency of projects but also provides significant advantages in the PPA field, both for producers and buyers. With this growing trend, the future of energy storage and management is shaping up to be one of the most strategic pillars for decarbonising the European energy … Continue reading Impact of hybridisation of renewable energy and batteries on the energy transition and PPA
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RWE starts construction of battery storage projects with a combined capacity of 450 MW in the U.S.
Construction is underway at RWE’s Crowned Heron 1 and 2 and Cartwheel battery storage systems in Texas, with commissioning planned for 2025. Once completed, the projects will add 450 MW BESS capacity to RWE’s US operating footprint. RWE’s U.S. BESS platform to help enhance regional grid resilince, contribute toward goal to expand battery storage capacity … Continue reading RWE starts construction of battery storage projects with a combined capacity of 450 MW in the U.S.
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US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record
The U.S. energy storage market set a Q2 record in 2024, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed. The U.S. energy storage market experienced significant growth in the second quarter, with the grid-scale segment leading the way at 2,773 MW and 9,982 MWh deployed. According to the American … Continue reading US Grid-Scale Energy Storage Installations Surge, Setting New Q2 Record
Continue readingSpain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
The Official State Gazette contains announcements corresponding to the last week of September of 11 photovoltaic and hybridisation projects with wind energy and batteries (BESS).Prior administrative authorisation of the construction modifications, and the declaration of public utility, for the Mudarra 1 photovoltaic installation of 52.525 MW and its evacuation infrastructures, in the municipal terms of … Continue reading Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
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The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
European electricity markets are facing an unprecedented energy revolution, driven by the rise of renewable energies. Batteries and hybridisation of technologies are emerging as key players in this transformation process, not only optimising the integration of clean energy but also mitigating price volatility and increasing the profitability of investments. Falling battery prices and the advance … Continue reading The Future of European Electricity Markets: Batteries, Hybridisation and Profitability
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Critical materials: Batteries for electric vehicles
A new report by the International Renewable Energy Agency (IRENA), “Critical Materials: Batteries for Electric Vehicles”, reveals that the growing demand for electric vehicle (EV) battery materials required by 2030 can be met by expanding sustainable supply chains and scaling-up the development and adoption of innovative technologies. According to IRENA’s 1.5°C Scenario, outlined in the … Continue reading Critical materials: Batteries for electric vehicles
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