The Government of South Korea announced the launch of its new Korean Green Transformation (K-GX) Strategy, including plans to mobilize 1,000 trillion won (USD$747 billion) over the next ten years towards the achievement of its climate goals, with a focus…
Finnish startup Truman Data has made its Energy Coop virtual power plant (VPP) platform available to its first customers in Finland, pitching it as a revenue-sharing alternative to long-term battery-as-a-service contracts for property owners and municipalities. The company said the…
Tech giants Amazon and Microsoft announced a new water replenishment project in Hesse, Germany, aimed at restoring natural wetland conditions and replenishing local groundwater resources, expected to return more than 750 million liters of water annually to the local groundwater…
Deutsche Telekom announced the appointment of Robert Metzke as Chief Sustainability Officer, a newly created position at the company. In the new role, Metzke will focus on the integration of sustainability more closely into Deutsche Telekom’s corporate strategy and the…
The U.S. Securities and Exchange Commission announced on Wednesday that it has decided not to pursue enforcement action into asset managers including BlackRock and State Street, following an investigation into the potential regulatory violations through their participation with climate-focused engagement…
Global renewable energy investment platform Nala Renewables has issued a notice to proceed (NTP) for the construction of its 125 MW / 250 MWh Nala Vuolijoki battery energy storage system (BESS) in Finland. The company stated the NTP marks the…
Infrastructure investor Actis has entered the Polish energy storage market with the acquisition of two large-scale projects from DTEK’s DRI, while R.Power and Solax have announced project updates in the country.
Germany needs batteries. And the same is true of German solar. As intraday price spreads grow in wholesale markets, the economics of utility-scale battery storage and solar-plus-storage hybrid projects are becoming more compelling. Deep and increasingly-frequent periods of very low…
LEGO Group holding company KIRKBI’s climate investment arm KIRKBI Climate announced the appointment of Craig Arnold as Head of Circular Plastics and a member of its leadership team, as the company plans to significantly increase investments in circular plastics. According…
Energy-Storage.news Premium speaks with Freeman Hall, CEO of second-life BESS firm B2U Storage Solutions.