Power company AES Bulgaria has signed a non-binding memorandum of understanding (MoU) with the Bulgarian ministry of energy to assist the country in its decarbonisation transition.
The German energy storage market continued to be dominated by the residential segment in 2021 although utility-scale battery revenues grew by nearly six times year-on-year, according to new figures from the national storage association.
Energy-storage.news catches up with Thomas Cornell, Senior VP Energy Storage Solutions at Mitsubishi Power Americas about the company’s energy storage market activity, strategy and future plans.
Philippines’ investor-owned utility AboitizPower and Norwegian renewables group Scatec have signed a EPC agreement with Hitachi Energy for it to build a 20MW/20MWh battery storage system, set to go online in 2024.