Over a gigawatt of bids from battery storage project developers have been successful in the first-ever competitive auctions for low-carbon energy capacity held in Japan. A total 1.67GW of projects won contracts, including 32 battery energy storage system (BESS) totalling 1.1GW and three pumped hydro energy storage (PHES)
Ameresco enters contract with Atlantic Green for UK BESS. Friday 24 May 2024 15:00. Ameresco, Inc. has announced that Ameresco and Envision Energy have been chosen by Atlantic Green to
Monrovia – The Liberia Energy Access Practitioner Network known as LEAP Network over the weekend made a groundbreaking record for the first time in the
The emergence of a symbiotic relationship with the platinum-group metals industry was identified as a major development, with chromite ore intensity decreasing from 2.54 to 1.98 kg per kg ferrochrome. Electrical energy intensity was observed to
Sub-Sahara infrastructure fund InfraCo Africa has signed an Engineering, Procurement and Construction (EPC) contract with a Liberian contractor, BMC Group, to
Monrovia, Liberia, May 31, 2024 – The People''s Republic of China, through its Embassy near Monrovia, has committed to sharing China''s high-quality new energy production capacity with Liberia to promote the West African nation''s photovoltaic industry.
The European benchmark ferrochrome price for the fourth quarter of 2021 has been settled at $1.80/lb, a 15.4% increase from the third quarter, JSE-listed ferrochrome producer Merafe Resources said
Merafe said global ferrochrome demand fell 5% year on year, while South African chrome ore exports fell 8.7% to 13.5 million mt. "Despite a recovery in demand, ferrochrome and chrome ore remained in surplus during the second half of 2020 and prices were subdued over the period," the company said. "Market prices have notably improved
Solar company closes $38m investment to serve C&I clients. The facility is being developed by InfraCo Africa, with CPCS Transcom Limited (CPCS) acting on their behalf, in partnership with Liberian logistics company GLS Group. The 4,600m² facility will be situated 10 kilometres from the Freeport of Monrovia.
This project also represents the largest energy storage project since Huawei officially launched the Smart String Energy Storage Solution for utility-scale PV power plants in June 2021. the 1300 MWh battery energy storage system (BESS), the power conversion system (PCS), and the communications and management system, in addition to solution
As detailed in the Energy-Storage.news Premium article published after the contract award, RWE''s LTESA with NSW has a 14-year term. The state will underwrite the developer''s revenues for the project, paying out to RWE when market-based revenues are low, and RWE will pay the balance back to the state when revenues go above an
Stay on top of Liberia latest developments on the ground with Al Jazeera''s fact-based news, exclusive video footage, photos and updated maps. Skip links Skip to Featured Content Skip to Content Feed
The project comprises of three components. The first component, decentralized electrification in Lofa County will support expansion of access to affordable, reliable, year
The Department of Energy and Climate has released the Hydro Studies Summary report, summarising the government''s investigations into energy storage through their Queensland Hydro Study. The report explains why pumped hydro is needed in Queensland''s future energy system and outlines the investigations and studies that led to Borumba being
The Liberia Electricity Sector Strengthening and Access Project (LESSAP) is the first project of a multi-phase programmatic approach (MPA) with a goal
Sosteneo will take a 49% stake in Enel Libra Flexsys with parent company Enel Italia S.p.A holding the remaining 51%, retaining control over the company. The deal, which will see Sosteneo''s ''Sosteneo Fund 1 HoldCo S.à.r.l'' pay €1.1 billion (US$1.19 billion) for the stake, values Enel Libra Flexys at €2.5 billion.
Gulf Alloys and Metals (FZC) LLC began a trial run of its 10,000 tonnes per annum (tpa) capacity ferrochrome alloy plant at the free zone last month, according to a key shareholder in the venture. Oman Chromite, a publicly traded company, which has a 20% shareholding in Gulf Alloys and Metals, said the eventual commercialization of the
Ireland has been one of the early movers in the European energy storage market along with the UK, with grid frequency response markets providing secure revenue services for projects. According to consultancy Delta-EE, it will have 1,400MW of BESS installed by the end of 2022 with 600MW coming online over the course of the year.
It brought Tesla''s total deployment for the whole year to an impressive 6.5 GWn – up 64% versus 2021. Tesla wrote about its energy storage business in its Q4 shareholder''s letter: Energy
Liberia has partnered with the African Development Bank (AfDB) to launch a digital database to help it wade through regulatory bottlenecks in its electricity sector.
The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome. The
Freetown — Liberia has signed a financing agreement with the International Development Association for the production of an additional 60MW of renewable energy geared toward further solving the country''s energy crisis. The project is an initiative of the World Bank under the Regional Emergency Solar Power Intervention Project (RESPITE).
The first awards of funding designed to "turbocharge" UK projects developing long-duration energy storage technologies have been made by the country''s government, with £ 6.7 million (US$9.11 million) pledged. The total £ 68 million competitive funding opportunity was launched by the Department for Business, Energy and Industrial
An eight-hour duration lithium-ion battery project has become the first long-duration energy storage resource selected by a group of non-profit energy suppliers in California. California Community Power (CC Power), a Joint Powers Agency representing a group of 10 Community Choice Aggregator (CCA) energy suppliers in the state, made the
They have been selected among 15 projects defined as large-scale — each requiring capital costs of more than €7.5 million (US$8.5 million) — through EU Innovation Fund grants for Project Development Assistance (PDA), administered by the bank. The EU''s European Investment Bank has pledged support for a long-duration
Connect with us: June 28, 2024. The World Bank has approved $45 million in funding to support Liberia''s Renewable Energy Solar Power Intervention Project (RESPITE). Announced by the World Bank on June 25, the funding will support the development of the country''s first 20 MW solar photovoltaic (PV) project and expansion of the Mount Coffee
5 · SemperPower, Corre Energy and PowerField launch large-scale Netherlands BESS projects. July 5, 2024. A double-header of Netherlands news, with SemperPower and Corre Energy planning a 640MWh BESS at the latter''s compressed air energy storage (CAES) site and Powerfield commissioning the country''s largest co-located project.
The electricity produced by the plant will amount to 70 GWh per annum, which corresponds to 12% of Eti Krom''s total annual energy consumption. The project has been earmarked for completion in Q2 2022. According to Roskill, Eti Krom is the largest producer of lumpy chromium ore globally and is the only producer of high-carbon
Energy intensity trends and electricity price [28–30,33,35]. The electricity energy intensity is 3 – 5 times grea ter than the direct ener gy intensity. There is a discernible electricity
New York regulator signs off state roadmap to achieve 6GW energy storage target by 2030. June 24, 2024. The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
Sub-Sahara infrastructure fund InfraCo Africa has signed an Engineering, Procurement and Construction (EPC) contract with a Liberian contractor, BMC Group, to
According to a press release from the Vice President''s Office, a high-power delegation from the International Finance Corporation (IFC) of the World Bank today, March 7, 2024, held discussions with Vice President Jeremiah Kpan Koung at his Capitol Hill office in Monrovia. The delegation according to the Release, was headed by Madam Dahila