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…
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…
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…
Portugal-based Greenvolt Power has inaugurated one of Poland’s largest battery energy storage systems (BESS), with a second facility of the same size expected online by year-end. The facility has a power rating of 200 MW and a storage capacity of…
Funding to support 370 MWh of new BESS capacity in Slovenia has been approved under EU state aid rules, with €59 million expected to be disbursed before Dec. 31, 2030. The European Commission announced on July 31 that Slovenia’s proposed…
Sonnedix said it has closed a €730 million financing package for the refinancing, optimization and construction of PV and battery energy storage system (BESS) assets across Italy, Spain, Portugal and France. The financing covers approximately 540 MW of PV plants…
Antora Energy has raised $550 million in a Series C funding round that saw the US energy storage company secure capital from new and existing investors. The funding announcement quickly follows the company’s deployment of a 50 MW/5GWh thermal battery…
Chinese battery manufacturer Gotion High-Tech is set to commission Africa’s first battery gigafactory in Morocco, where it will manufacture lithium iron phosphate (LFP) batteries for electric vehicle and stationary energy storage applications. The facility, located in the Atlantic Free Zone…