Alfen, a Netherlands-based provider of electric vehicle (EV) charging, smart grid and energy storage solutions has reported a 526% increase in half-year revenues for its storage segment. The Euronext Amsterdam exchange-listed company announced its interim consolidated financial statements for the first half of 2023 (H1 2023) …
The partnership aims to achieve ready-to-build status for the battery storage pipeline over the next two to four years. The partnership marks RPC''s entrance into the Italian market, stating the potential for expanding the cooperation beyond 1GW or in other technologies. Kevin Devlin, CEO at RPC, said in a release: "This is an opportune …
The Pomega Energy Storage factory in the capital Ankara will launch at the end of the year with 350MWh of production capacity eventually rising to 1GWh by Q1 2025, with an interim ramp-up set for Q2 2024. A new LFP battery factory in Turkey serving the energy storage market will launch in Q4 2022, said Pomega Energy Storage …
Italy''s transmission system operator Terna has awarded five-year contracts for battery energy storage systems (BESS) to provide Fast Reserve grid services in an oversubscribed pilot auction. After Terna rolled out its plans for the pilot towards the beginning of this year, the Italian regulator approved the auction and the first one was …
With heightened awareness among individuals, corporations and governments, the smart meter is flourishing both in hardware and software markets, and Enel X has already begun sharing it with the world. Smart meters are one of the many sustainable and circular systems that Enel X is developing in Italy, and which can be applied in numerous other ...
Independent power producer (IPP) Neoen and system integrator Nidec have started construction on a 93.9MW/93.9MWh battery energy storage system (BESS) in Sweden, the largest in the country. Paris-headquartered Neoen has given full notice to proceed to Nidec following an engineering, procurement and construction (EPC) …
The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual payments covering investment and operating costs for those developing, building and operating large-scale energy storage …
Battery energy storage manufacturer Hithium appeared for the first time as an exhibitor at The Smarter E''s EES trade fair alongside Intersolar in Munich this week. The company announced its entry into the European market last month with an office opening in Munich, just as it surpassed 9 GWh total battery capacity delivered since the company was …
Image: Business Wire. Utility and power generation company Enel Group and Brenmiller Energy have inaugurated a thermal energy storage system in Italy using the latter''s proprietary bGen technology. Israel-based Brenmiller''s energy storage unit has been deployed at a power plant in Santa Barbara, Tuscany, and will help the plant to use ...
Solar and storage installer Lemon Sistemi and investor Volt ESG have signed a deal to develop a battery energy storage system (BESS) project in Italy, the latest substantial BESS development in the country. The two companies have signed a contract for the development of 2GW of BESS projects, mainly in southern Italy and its nearby major …
Rome – July 4, 2023 – Matrix Renewables ("Matrix"), the TPG Rise-backed global renewable energy platform, today announced that it has started a partnership with Gravel A through a proprietary Development Service Agreement (DSA) for the development of up to 1.5 GW of standalone Battery Energy Storage Systems (BESS) in Italy.
System integrator Energy SpA and its vertically integrated peer Pylon Technologies (Pylontech) have formed a joint venture (JV) to set up a gigafactory in Italy producing batteries for energy storage. The Italy and China-based companies (respectively) have set up the JV entity Pylon LiFeEU S.r.l, Energy announced on the …
Established in early 2022 as a solar PV development platform within the SUSI Energy Transition Fund, ReFeel New Energy currently boasts over 750MW of battery storage capacity. The company is eager to expand into the Italian BESS market, an area that Energy-storage.news has already reported to have considerable potential..
February 9, 2024. Sebastian Burduja, Romania''s minister of energy. Image: ITU/Rowan Farrell. The Ministry of Energy of Romania has reopened a competitive solicitation for battery storage for the grid integration of renewable energy, seeking "at least" 240MW and 480MWh of resources. The Ministry made its announcement yesterday (8 February ...
Energy S.p.A., founded in 2013 by Davide Tinazzi, Andrea Taffurelli and Massimilano Ghirlanda is a successful Italian company offering energy storage systems (ESS, Energy Storage System), for residential and, to a greater extent, commercial and industrial uses.
Utility and independent power producer (IPP) Iberdrola will deploy battery energy storage system (BESS) projects in Spain adding up to 150MW/300MWh, to be co-located with existing PV plants. The six new BESS projects were amongst 1.9GWh of energy storage projects awarded grant funding in a recent tender called PERTE …
Inverter and battery energy storage system (BESS) manufacturer Sungrow shipped 10.5GWh of BESS in 2023, it revealed in its annual report yesterday (25 April). The company buys third-party battery cells and assembles them into its Powertitan grid-scale BESS product. China-based companies Sungrow and Eve Energy grew their …
Recently, the 2022 annual reports of major energy storage listed companies have been released one after another. In terms of revenue, BYD ranks first with a revenue of 150.6 billion RMB, followed by Zijin Mining and CATL; In terms of attributable net profit, Zijin Mining made a net profit of 12.63 billion RMB in the first half of 2022, ranking ...
The company offers a wide range of energy storage solutions, tailored to meet the needs of any client. #14. Eversource Energy. One of the biggest energy companies in the Northeast, Eversource delivers electricity and natural gas, as well as water, to 4 million customers in Connecticut, New Hampshire, and Massachusetts.