Coronavirus company news summary – Rosatom launches battery subsidiary – Iran to decommission plants to raise average efficiency

12 October 2020 (Last Updated October 12th, 2020 10:13)

12 October

Russian nuclear power giant Rosatom has created subsidiary RENERA to mark its entry into the energy storage business. The new venture will develop and market lithium-ion traction batteries for electric vehicles and energy storage systems. Its current project portfolio consists of more than 120 ongoing and completed projects for the supply of lithium-ion energy storage devices.

Pacifico Energy has started construction on a 53.9MW DC solar power generation plant in Sano-shi, Tochigi Prefecture in Japan. Juwi Shizen Energy has been named as the engineering, procurement and construction contractor for the project. The solar plant will commence commercial operations in 2022, generating nearly 62 million kilowatt hours of electricity annually once commissioned.

Iran’s Thermal Power Plants Holding Co has decided to decommission its most well-used thermal power plants to increase the average efficiency of all power plants in the country. The preliminary measures for decommissioning Tarasht, Rey, and Be’sat power plants in Tehran have already begun.

Hellenic Petroleum has concluded the acquisition of the 204MW solar photovoltaic projects in Greece from Germany-based Juwi Holding. Located in an area of Kozani, the $154m (€130m) project is in the final permitting stage. It comprises the construction of 18 PV systems.