Beijing steps up power and renewable energy
451 Research - Beijing''s local government released a sweeping energy draft plan on April 26 to mandate that datacenters completed in 2021 and on must include renewable energy in their power sources and incrementally increase the share
How Energy Storage Can Reduce Italy''s Dependency
Italy''s renewable energy challenge hinges on its continued implementation of and support for energy storage systems. Energy storage can help bridge the north-south transmission divide, clean up peaking capacity,
China''s Hithium raises US$620 million in private capital
Energy-Storage.news'' publisher Solar Media will host the 1st Energy Storage Summit Asia, 11-12 July 2023 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a
China ramping up ambitious goals for industrial
China''s goals announced this summer to boost cumulative installed non-pumped hydro energy storage to around 30GW by 2025 and 100GW by 2030, coupled with recent adoptions of time-of-use power tariffs
EU approves Italy €17.7 billion state aid for energy
The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual
Italy: Regulator marks big week for grid-scale energy
The new market rules will allow grid operator Terna to run large-scale energy storage auctions. Terna will now run a consultation with the industry on the proposed new auction system and the first auctions should take place
Lemon Sistemi and Volt ESG in 2GW Italy battery
Solar and storage installer Lemon Sistemi and investor Volt ESG have signed a deal to develop a battery energy storage system (BESS) project in Italy, the latest substantial BESS development in the country. The
Enel sells 49% stake in Italy battery storage
Utility and IPP Enel has sold a 49% stake in its subsidiary that will own and operate 1.7GW of battery energy storage system (BESS) projects in Italy, to investor Sosteneo. Sosteneo will take a 49% stake in Enel Libra
Libya''s Infrastructure Rebuild: Italian Expertise, Global Investment
The Libya-Italy Roundtable and VIP Networking Evening – taking place in Rome on September 23 – will showcase Libya''s current infrastructure drive and the role for Italian
How battery energy storage can power us to net zero
Making energy storage systems mainstream in the developing world will be a game changer. Deploying battery energy storage systems will provide more comprehensive access to electricity while enabling much greater
Italy: Enel building 1.6GW of battery storage for 2024
Enel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, with the country''s utility-scale market expected to soar in the next three years. The renewables arm of multinational energy firm
Beijing Energy adds retailer as part of Australian
Hong Kong-headquartered Beijing Energy International Australia (BJEI Australia) has entered into a scheme implementation agreement with TPC to acquire all shares in the Sydney-headquartered energy retailer in a deal