US outgoing President Joe Biden has signed a bi-partisan bill into law allowing Arizona utility Salt River Project (SRP) to move forward with a pumped hydro energy storage project.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan of up to US$2.5 billion to Wisconsin Electric Power Company (WEPCO).
Norwegian lithium-ion gigafactory startup FREYR Battery has signed a binding agreement with renewable energy group Statkraft covering 2024-31 for its first two gigafactories.
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.
As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.
New York Power Authority (NYPA) said on the release of its strategic plan VISION2030 in December that it wants to lead by example with a commitment to cost-effective clean energy that could see NYPA reach emissions-free electricity by 2035. Energy-Storage.news speaks with chief commercial officer (CCO), Sarah Salati to find out more.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
