Credit to Author: Sonal Patel| Date: Wed, 05 Jul 2023 04:17:00 +0000
Winning POWER’s highest honor is Estrella del Mar III, a first-of-its-kind floating combined cycle gas turbine power barge that fulfills a remarkable assortment of modern power system demands. Nearly fully
The post Estrella del Mar III, a Visionary Floating Power Plant, Is POWER’s Plant of the Year appeared first on POWER Magazine.
Read moreCredit to Author: Michael Lippert| Date: Tue, 20 Jun 2023 15:47:03 +0000
The value of electricity has increased dramatically as a product of the global energy challenge—and this trend is unlikely to diminish. Energy providers are actively seeking ways to reduce their […]
The post The Global Energy Challenge Makes a Strong Case for Battery Energy Storage appeared first on POWER Magazine.
Read moreCredit to Author: Contributed Content| Date: Thu, 08 Jun 2023 19:02:20 +0000
Renewable energy is on the rise in Latin America (LATAM). The International Energy Agency (IEA) projects a growth of electricity demand from 1,295 TWh in 2020 to 2,282 TWh in […]
The post Emerging Risks in Renewable Energy: A Brief Overview of Solar, Wind, BESS, and Hydro Trends in Latin America appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 03 May 2023 19:31:37 +0000
Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure […]
The post Israel Adding Energy Storage to Support Grid Integration for Renewables appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 01 May 2023 04:18:13 +0000
European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas
The post Europe Ramps Renewables, Looks for New Gas to Reduce Reliance on Russia appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 10 Jan 2023 20:30:26 +0000
The Australian affiliate of energy giant Shell said it has acquired the development rights for a major battery energy storage project in that country. The new facility is at a site that formerly housed eight coal-fired generation units. Shell Energy Australia on Jan. 10 said it will build, own, and operate the planned 500-MW/1,000-MWh Wallerawang […]
The post Major Energy Storage Project Sited at Former Australian Coal-Fired Plant appeared first on POWER Magazine.
Read moreCredit to Author: Janique Williams| Date: Fri, 02 Dec 2022 16:07:00 +0000
According to Elon Musk, solar and batteries go together like peanut butter and jelly. The sustainability of renewable energy relies on the deployment of energy storage systems for the storage of energy harnessed by renewable sources. The reduction in the cost to manufacture battery energy storage systems (BESSs) has catapulted the use of these types […]
The post The Tales of Battery Energy Storage System Permitting Process appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 01 Nov 2022 04:11:00 +0000
A project known as Netzbooster, or Grid Booster, is being deployed in Germany, designed to improve the efficiency of the country’s existing power grid infrastructure. Fluence Energy GmbH, a subsidiary of
The post Storage-as-Transmission Project Announced for Germany appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 29 Sep 2022 18:26:46 +0000
Four large solar power projects, including two that will feature battery energy storage systems (BESS), are moving forward after the closing of financing commitments for the installations. Intersect Power, an Oregon-headquartered development and engineering group for renewable energy, on Sept. 29 announced it has closed $3.1 billion in financing to complete a near-term portfolio of […]
The post Financing Committed for Major California, Texas Solar Projects appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 25 Feb 2020 18:44:05 +0000
The post Research Group: Energy Storage Market Will Hit $546 Billion by 2035 appeared first on POWER Magazine.
A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]
The post Research Group: Energy Storage Market Will Hit $546 Billion by 2035 appeared first on POWER Magazine.
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