A new study by the Center for Liberal Studies (KEFIM), in collaboration with the EPICENTER think tank, highlights the urgent need for investment in energy storage and the modernization of power grids to support Greece’s growing reliance on renewables. [pdf]
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Scheduled for completion by Q4 2025, the project will play a crucial role in enhancing the stability of Greece’s electricity grid while driving the transition to a more sustainable and low-carbon energy system. [pdf]
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The National Energy Regulator of South Africa (Nersa) has approved the issuing of a generation licence to GFI Joint Venture Holdings and Gold Fields Operations (South Deep Joint Venture) to operate a 40MW solar photovoltaic (PV) plant. [pdf]
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EDP Renewables has started the construction of its first stand-alone battery energy storage (BESS) project in Europe, a milestone that materializes the company’s ambition to continue building a multi-technology portfolio to support the energy transition in all markets in which it operates. [pdf]
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The subsidy scheme supports the installation or expansion of photovoltaic systems with a capacity ≤ 20 kWp with or without electricity storage. The systems are subdivided according to size up to 10 kWp and systems between 10 and 20 kWp, which are subsidised with different flat rates. [pdf]
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Rystad Energy’s analysis has set the battery system costs at a flat €60 per MWh. Despite this opportunity, the conference argued that until recently energy storage was not a big thing in Bulgaria and this is due to Bulgaria’s plentiful operational coal and nuclear capacities. [pdf]
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Currently, lead-acid batteries (LABs) and lithium-ion batteries (LIBs) are used in these sectors, providing a power source to a wide range of underwater robots, sensors, and inspection systems and offering micro-grid scale energy storage. [pdf]
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Under the agreement, GE will build combined cycle gas turbine (CCGT) power plants in various parts of Iraq with a combined generation capacity of nearly 24GW. UGT Renewables will build a giant integrated solar power complex with a capacity of 3GW besides a 500 megawatt storage facility. [pdf]
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The Ministry of New and Renewable Energy (MNRE) is considering mandating battery storage for new solar and wind projects, starting with 10 percent of a plant’s capacity, and gradually increasing it aligning with the decreasing battery prices, stated MNRE Secretary Prashant Kumar Singh at the CII'. [pdf]
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