The power of the pension: new issue of Future Power Technology out now
In this issue: pensions funds look to carbon neutralise, human rights issues in the supply chain, the golden age of battery innovation, and more.
Energy Storage
VRB Energy to build battery-integrated solar power station in China
VRB Energy has agreed to build a 100MW solar photovoltaic plant with a 100MW/500MWh integrated...
Wärtsilä to supply energy storage for two projects in Texas, US
Wärtsilä has secured an order from Able Grid Energy Solutions to supply and maintain energy storage systems for two projects...
LG Energy Solution to invest $4.5bn in US battery production expansion
LG Energy Solution has announced plans to invest more than $4.5bn (KRW5tn) by the end of 2025 to expand its...
Therma Marine contracts Wärtsilä for floating energy storage system
Power generation holding company Therma Marine (TMI) has ordered a flexible floating barge-mounted energy storage system from Finnish power and...
Nexamp closes financing for portfolio of solar and energy storage assets
US-based solar supplier Nexamp has secured a $440m senior credit facility for purchase of a portfolio of solar and energy storage assets. Covering five state markets, the 380MW portfolio comprises…
Global battery energy storage market to reach $11.04bn in 2025, says GlobalData
The global battery energy storage is expected to reach $11.04bn in 2025, with the market increasing by close to $5bn, over the forecast period up to 2025. Global power sector…
Scientists to study advanced batteries with neutron diffraction
The process, which presents the entire crystal structure of the battery as it operates, allows battery experts to observe and control the processes impacting battery life and performance. The project…
Neoen reaches financial close for 300MW Australian battery facility
Neoen has reached the financial close of the Victorian Big Battery project, a 300MW/450MWh energy storage facility in Australia. The company provided equity for the Victorian Big Battery project while…
NTR acquires Irish solar and battery storage project portfolio from RES
Irish renewables investor NTR has announced the acquisition of co-located solar and battery storage projects portfolio from RES. The 54MW portfolio in County Wexford comprises of 29MW-capacity solar photovoltaic projects…
Shanghai Electric and Pacific Green to manufacture battery storage systems
Shanghai Electric Guoxuan New Energy Technology has signed a memorandum of understanding (MoU) with Pacific Green Technologies for the manufacturing of battery energy storage systems. Under the MoU, the two…
