IPP Prosalia has commissioned a 15MW/60MWh battery storage system at a solar PV plant in Portugal, while power group EDP has added one to a hybrid wind and solar project in Spain.
Brazil’s energy storage market is entering a new phase of development, moving from pilot projects toward commercial-scale deployments, according to UCB Power. Vinicius Berná, executive director of Commercial and New Business at UCB Power, said 2025 marked a turning point…
Iron-air battery company Ore Energy has raised US$43 million in a Series A funding round to commercialise its multi-day energy storage technology.
As the power density of artificial intelligence computing clusters continues to rise, energy consumption pressures on data centers are increasing in tandem with the demand for green electricity. Against this backdrop, JinkoSolar, the global leading PV and ESS supplier, today…
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO), through the Institute for Energy Diversification and Saving (IDAE), has finalized awards under the second Repotenciación Circular (Repoten 2) program, allocating €612 million to 173 wind and hydropower repowering…
China has placed energy storage at the center of its strategy to make wind and solar power more reliable during the next five-year planning period, with the National Development and Reform Commission (NDRC) and National Energy Administration (NEA) jointly releasing…
Renewable energy company Sonnedix announced today that it has secured €730 million (USD$840 million) for the refinancing, optimization and construction of renewable energy assets across Southern Europe. Founded in 2009, London-based renewable energy company Sonnedix develops, builds, owns and operates…
Australian government-owned CEFC has committed AUD 100 million ($70 million) to Canberra-based renewable energy financier Infradebt to accelerate the development of distribution-connected renewable energy and battery storage projects across Australia. The CEFC said the funding will be made available through…
Home energy and battery storage company Base Power announced today that it has raised $1 billion in a Series D funding round and launched Base Core, a home battery designed to support the electric grid. The financing values the company…
A research team from Spain and the United Arab Emirates (UAE) has developed a novel optimization framework to determine where energy storage systems (ESS) should be installed and how large they should be to improve the resilience of active distribution…