Category: Energy

– MMWEC and Lightshift Energy are partnering to implement a fleet of grid-scale BESS – Lightshift will build up to 50 MW of BESS across MMWEC’s utility membership – The project aims to provide over $200 million in cost savings for municipal customers and help Massachusetts reach its net zero emissions goal by 2050 The…

1. Plugin EVs took a 91.0% share in the auto market in Norway in April. 2. BEVs alone accounted for 89.4% of the auto market share in April. 3. The Volvo EX30 was the best-selling BEV in April, with 1,095 units sold. The auto market in Norway saw plugin EVs take a 91.0% share in…

– The Australian Retirement Trust will cease most investments in thermal coal companies from July 2024 to reach net-zero emissions by 2050. – The fund will exclude companies with more than 10% of their revenue from thermal coal mining and sales, as part of its sustainable investment approach. – This decision aligns with global efforts…

1. Briggs & Stratton Energy Solutions has launched the SimpliPHI 6.6 Home Battery System. 2. The battery delivers 6.65 kWh of energy and can be installed in stacks of up to 18 batteries for a total of 119.7 kWh. 3. The system uses lithium-iron phosphate chemistry, is outdoor-rated, and has a high cycle life and…

1. SRP will receive energy from Superstition and the Sierra Estrella project under long-term agreements. 2. Plus Power recently secured US$2 billion in financing for BESS, following previous investments in Texas and Arizona projects. 3. UBS and Captona have closed a preferred equity investment in a portfolio of four grid-scale BESS projects in Texas totaling…

– National Grid is partnering with Smart Wires to develop a tool to coordinate power flow control devices – The project aims to reduce congestion on the network and maximize existing infrastructure – Advanced power flow controllers can reroute power in real-time to resolve bottlenecks and increase capacity on circuits National Grid is working with…

1. SSE Renewables acquires 100 MW / 200 MWh battery storage project in Northern Ireland from Heron Energy. 2. The Derrymeen battery energy storage system would be the largest in Northern Ireland, capable of storing energy for flexible dispatch. 3. SSE Renewables aims to lead the way in the transition to net zero with investments…

– Final rules released by the U.S. Department of Treasury and IRS on clean vehicle provisions of the Inflation Reduction Act – $173 billion in private-sector investment in the U.S. clean vehicle and battery supply chain since President Biden’s election – Rules provide clarity and certainty to the EV marketplace, strengthen supply chains, and offer…

1. Energy Capital Partners (ECP) is in advanced discussions to acquire UK-based renewable energy developer Atlantica Sustainable Infrastructure. 2. Atlantica’s portfolio includes energy production from wind, solar, and natural gas sources in the US, Europe, South America, and Africa. 3. The trend of acquisitions in the alternative energy sector continues, with companies like KKR also…

1. Power Electronics to showcase local manufacturing plan at Cleanpower booth #2615 2. $300 million project to expand US production capacity and create 600 job opportunities 3. Company aims to revolutionize industry with cutting-edge technologies and renewable energy solutions in support of sustainable energy transition Power Electronics, a multinational company known for manufacturing solar inverters…