Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi Power Americas, …
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Battery storage was the fastest-growing energy technology in the power sector in 2023, with deployment more than doubling year-on-year, the International Energy Agency (IEA) …
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Entry into the battery storage market accomplished: Battery energy storage system (8.0 MW/9.3 MWh) acquired in the UK Underpinning of strategic expansion through investment in the next …
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The UK''s approach to electricity generation is undergoing fundamental change, shifting from coal and gas-fired power stations towards an energy mix dominated by renewable energy. A cost-effective solution to the …
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Brought to you by. SolarPV. Droogfontein Solar Park is a 50MW solar PV power project. It is located in Northern Cape, South Africa. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. The project construction commenced in 2012 and ...
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In particular, energy storage has a pivotal role to play in the deployment of mini-grids by enabling supply and demand optimisation on a small scale, in parallel with the development of self-sufficient energy solutions (including, for example, residential solar …
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Image: EDF. French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe''s energy storage market. EDF confirmed the …
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SSE Renewables has acquired a fully consented 100MW / 200MWh battery storage project near Dungannon, County Tyrone, Northern Ireland, from Heron Energy, …
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A US$57.67 million loan towards the development cost of large-scale battery energy storage system (BESS) projects will be made to South Africa''s public …
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TotalEnergies said on Tuesday it had signed an agreement to acquire the entire share capital of German battery storage company Kyon Energy, as part of the …
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ENGIE adds 6 GW of solar and battery storage capacity to its development pipeline – Acquisition of 33 early to late-stage projects will accelerate renewables development across multiple states in North America. HOUSTON, Oct. 27, 2022 /PRNewswire/ — ENGIE North America (ENGIE) announced it has acquired a 6 GW …
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A South African energy project finance specialist estimates that the country''s near-term battery energy storage project pipeline could grow to about R53 …
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AUSTIN, Texas, March 1, 2022 /PRNewswire/ - Aypa Power, a Blackstone portfolio company and developer, owner and operator of energy storage and hybrid generation assets, has finalized an agreement ...
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In just the last month, the company invested in a novel wind power venture called Makani and acquired Greenlots, a major U.S. electric vehicle charging company. Shell first invested in sonnen in ...
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We share their vision and passion to help accelerate the deployment of energy storage which is fundamental to the UK''s energy mix and enabling the reduction of carbon emissions." Our sister site Solar Power Portal caught up with Kavanagh at the end of 2020 to discuss the growing push for large-scale battery storage development in the UK.
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It is unique in that the China-headquartered company manufactures its own lithium iron phosphate (LFP) lithium-ion (Li-ion) battery cells for the product as well …
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ENGIE announced it has acquired a 6 GW portfolio of solar, as well as paired and standalone battery storage development projects from Belltown Power U.S. The transaction includes 33 projects comprising some 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of standalone battery storage.
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Energy-focused private equity firm EnCap announced today the sale of utility-scale battery energy storage systems Jupiter Power to BlackRock Alternatives. Founded in 2017, Jupiter Power operates the largest battery storage fleet in Texas comprising 655 MWh with an additional 340 MWh of new projects in or near construction. …
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SWITCH Power, an Alberta-based sustainable energy developer and asset manager, announced this Wednesday it acquired a portfolio of behind-the-meter (BTM) battery energy storage systems (BESS) from cleantech company Peak Power Inc. The portfolio of BESS is located in the greater Toronto area. It consists of four operational …
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Macquarie''s Green Investment Group (GIG), the specialist green energy project developer and investor, today announced that it has entered into a definitive agreement to acquire the solar and energy storage unit of Tradewind Energy, Inc., a subsidiary of Enel Green Power North America. The business – which has been named …
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ARLINGTON, Va., June 7, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of the 2 GW Bellefield project, which is currently in late-stage development, and is ...
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Partnership will accelerate Aera Energy''s ability to further reduce carbon intensity and support the development of carbon capture and storage and other emerging technologies. Toronto, Canada & Hamburg, Germany (February 28, 2023) – Canada Pension Plan Investment Board (CPP Investments) will partner with international asset management …
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The investment positions InfraVia as the majority shareholder in GIGA Storage, underscoring the firm''s commitment to accelerate the energy transition across Europe. GIGA Storage''s projects will align growing, intermittent renewables generation with increasing, inelastic electricity demand, which is critical to simultaneously decarbonise the …
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2 · The average cost for sodium-ion cells in 2024 is $87 per kilowatt-hour (kWh), marginally cheaper than lithium-ion cells at $89/kWh. Assuming a similar capex cost to Li …
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The development pipeline of Bristol-based Fig Power includes nine advanced projects with a combined capacity of 400MW, and 1.3GW of exclusive sites. The company''s two-hour battery storage projects primarily serve the UK wholesale and balancing markets. TRIG has announced plans to invest £20m ($26.4m) over the two …
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Morgan Moritz. Pierpont Communications. 512-745-2575. mmoritz@piercom . Broad Reach Power acquired by ENGIE from EnCap Energy Transition and Apollo Funds. The transaction represents in excess ...
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Renewable energy, backed up with energy storage, will help the country meet its Paris Agreement targets and make South African exporters of manufactured …
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Bloemfontein Solar PV Project is a 12MW solar PV power project. It is planned in Free State, South Africa. According to GlobalData, who tracks and profiles …
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WEG S.A. has announced the acquisition of the Energy Storage System (ESS) business of Northern Power Systems (NPS), a company that designs, develops and manufactures energy storage systems in Barre, Vermont, USA. Upon this acquisition, WEG will become the sole owner of NPS''s energy storage assets, including the portfolio of …
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