Representatives of Algerian state-owned utility Sonelgaz have signed contracts with local and foreign companies for the construction of 20 solar projects from two tenders.
Bulgarian businesses can apply for funding under two new tenders that aim to facilitate 1,425 MW of renewable energy generation capacity coupled with 350 MW of energy storage. Funding support is only offered for the storage component.
Researchers in Italy have estimated the profitability of future vanadium redox flow batteries based on real device and market parameters and found that market evolutions are heading to much more competitive systems, with capital costs down to €260/kWh at a storage duration of 10 hours.
Researchers in Australia have developed a reconfigurable structure of a multi-microgrid to enhance the penetration of distributed energy resources in the presence of vehicle to grid technology (V2G) and found that both technical and economic aspects of the system have improved significantly.
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L.
Generali Investments’ Sosteneo unit will acquire 49% of the share capital in Enel Libra Flexsys, a company fully owned by Italian utility Enel, which operates a 1.7 GW portfolio of battery energy storage systems (BESS).
SolarDuck, Green Arrow Capital, and New Developments have agreed to develop an offshore hybrid project featuring 120 MWp of PV and 420 MW of wind in Calabria, Italy.
The Serbian government plans to launch its second renewables auction this year in a bid to procure at least 400 MW of wind and solar power.
Heat pump sales fell by 5% in 14 European countries last year, reversing the trend of annual sales increases over the last decade.
Swiss solar panel maker Meyer Burger will seek shareholder approval for a rights issue of as much as CHF 250 million ($284 million) to finance the completion of its US manufacturing facilities in Colorado and Arizona.
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