Billionaire Andrew Forrest agreed to acquire Partners Group Holding AG-backed CWP Renewables Pty for about a A$4 billion ($2.7 billion) valuation, extending a rush of deal-making focused on Australia’s accelerating shift to cleaner energy.
A high tech battery manufacturing plant in Dundee would see an investment of at least £160 million and create more than 200 jobs.
Special purpose acquisition companies (SPACs) are having a moment in the sun in the US and the UK is considering how best to secure a piece of the action.
This year will be busy for Australian renewable energy players with an estimated 5.3 gigawatts of utility PV, wind and battery projects expected to finish commissioning, revealed Rystad Energy.
The Red Sea Development Co. (TRSDC) has contracted ACWA Power to provide renewable energy to the tourist site.
Systems Sunlight is preparing a pitch for the second round of Nigeria’s energising education programme (EEP), a company official has said.
African states trying to secure domestic energy infrastructure have tended to struggle with creditworthiness, which makes project financing more difficult.
EDF Energy has agreed a partnership agreement with Zenobe Energy to build out its grid-scale battery portfolio assets.
Gresham House Energy Storage Fund has partnered with Edinburgh-based Flexitricity to optimise their 50MW / 75MWh Thurcroft battery storage site.
My recent Energy Voice article comparing Battery Electric Vehicles (BEV) with Hydrogen Fuel Cell Electric Vehicles (FCEV) generated some interest. To my mind the BEV has clear benefits from an energy efficiency standpoint, as an FCEV requires twice the energy of a BEV.
By decarbonising industrial and domestic heating, I am convinced that hydrogen has a significant role towards achieving net zero. However, the role of hydrogen in the passenger car sector is much less clear. I find it difficult to see how a hydrogen powered fuel cell electric vehicle (FCEV) can compete with a battery electric vehicle (BEV). That conclusion was reinforced by two recent reports from BloombergNEF and Volkswagen.
Statkraft AS joined with Statera Energy to build 1 gigawatt of storage in the U.K. with a backup generator fueled by natural gas, part of an effort to profit from the nation’s need to balance its power grid.
We Scots are often guilty of failing to enunciate our Ts. If you ever hear us referring to a “bah-ery”, we’re talking about energy storage systems.
A £28 million cash injection will help deliver a "world-class" electric car battery development centre - putting the UK at the forefront of the industry, the Government has said.
Total is tying up with China’s Tianneng Group to build batteries, moving into mass production of electricity storage technology after snapping up Saft Groupe SA in 2016.
Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storage.
Tesla has plugged the world's largest lithium-ion battery into the Australian state grid.
The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.
The first phase of a £246 million Government investment into battery technology is being launched.
Mineral exploration and production company Kodal has identified "very strong" deposits of Lithium, a crucial ingredient in battery manufacturing.
The launch of a new battery for homes that can store solar power for use in the evenings is “another nail in the coffin of conventional utilities”, it has been claimed. Tesla announced it was launching the wall-mounted lithium ion rechargeable storage units, based on the batteries used in the company’s electric vehicles, at an event in California. Chief executive Elon Musk said: “Our goal here is to fundamentally change the way the world uses energy”, as he launched the new “powerwall” batteries, which are little bigger than a conventional boiler. The technology will cost between 3,000 and 3,500 US dollars (£2,000 - £2,300) and will start shipping in the US in the summer.