Rome – July 4, 2023 – Matrix Renewables ("Matrix"), the TPG Rise-backed global renewable energy platform, today announced that it has started a partnership with
Read MoreThe grid-scale Italian energy storage market has been kickstarted from two different directions. The first was big wins for battery storage projects in ancillary service and
Read MoreSosteneo 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.
Read MoreContainerized Liquid Cooling ESS VE-1376L. Vericom energy storage cabinet adopts All-in-one design, integrated container, refrigeration system, battery module, PCS, fire protection, environmental monitoring, etc., modular design, with the characteristics of safety, efficiency, convenience, intelligence, etc., make full use of the cabin Inner space.
Read MoreLondon-based renewables company Renewable Power Capital (RPC) and Italian renewables developer Altea Green Power have entered a development
Read MorePartners Enel X and Magaldi Group have begun construction in Salerno, Italy, on a 13MWh thermal energy storage (TES) plant based on a patented technology. Called Magaldi Green Thermal Energy Storage (MGTES), the storage tech was developed by ultra-high temperature material handling company Magaldi and utilises a fluidised
Read MoreEnel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, with the country''s utility-scale market expected to soar in the next three years. The renewables arm of
Read MoreIts pipeline includes 1.2GWh of battery storage projects in delivery globally. Global energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group. The agreement, signed on 28th June 2023, secures Eku Energy exclusivity over 1GW of battery storage projects in Italy.
Read MoreThe 90 MW PV Power Generation Project of Jinko Power in Xinyuan County, Ili Prefecture, Xinjiang Autonomous Region. The project is furnished with a 5.308 MWh energy storage system comprising 2 2.654
Read MoreIn a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power''s 500MW-plus pipeline of BESS projects.
Read MorePNIEC expects, by 2030, the installation of new storage capacity of at least 6 GW (from PHSS and BESS with an adequate amount of energy capacity). In fact, during the coming 10 years there is the necessity in Italy to increase the storage capacity in the Centre, South and islands, where there will be a higher renewable energy penetration as
Read MoreEray High density energy source Nominal Capacity 100kW/215kWh Number of cell cycles ＞8000 Firefighting methods PACK level mAh 280Ah system efficiency ≥94% Cooling method Product Overview Adopting the design concept of "unity of knowledge and
Read MoreNovel CO2-based battery system bags €65m funding. Italian energy storage specialists Energy Dome has secured funding commitments for its first CO2-based thermo-mechanical energy storage system to be located in Sardinia, Italy. The announcement was made at the COP28 climate conference and includes support in the
Read MoreThe partnership aims to achieve ready-to-build status for the battery storage pipeline over the next two to four years. The partnership marks RPC''s entrance into the Italian market, stating the potential for expanding the cooperation beyond 1GW or in other technologies. Kevin Devlin, CEO at RPC, said in a release: "This is an opportune
Read MoreThe newly formed JV aims to develop over 1 GW of Battery Energy Storage System ("BESS") projects, establishing Cubico''s presence in Italy''s rapidly
Read MoreEnergy Vault has begun construction on a 293 MWh green hydrogen and battery storage facility within utility Pacific Gas & Electric''s service territory in northern California.
Read MoreImage: Terna. The energy storage market in Italy doubled in capacity in the first half of the year, though Q2 saw the first slowdown in nine quarters and that could be repeated in H2, according to the country''s renewable energy trade body. As of 30 June, 2023, a total of 3,045MW and 4,893MWh of energy storage is installed in Italy
Read MoreHow the within-day market is driving value capture. Financing & offtake structures. Key policy & investment risks. Timera Energy look at implementation of a
Read MoreOnce operational, the 200MW system will provide enough electricity to power over 35,000 homes at times of peak demand and provide real time balancing of
Read MoreImage: Terna. In a big week for the grid-scale energy storage market in Italy, regulators have approved new grid storage-specific auction rules and a chunk of Aura Power''s 500MW-plus pipeline of BESS projects. Tuesday 6 June saw new criteria and conditions for large-scale energy storage capacity in the electricity system approved by
Read MoreHite Smart Energy Solutions Co., Ltd., Hite Smart Energy Solutions Co., Ltd., a subsidiary controlled by Shanghai Hite Control System Co., Ltd. (002184), is a leading one-stop energy storage solution provider in China. With research and development centers in Shanghai and Shenzhen, as well as manufacturing bases in Haining and Tongxiang, the
Read MoreAs the energy industry warms up to this technology, utilities, developers and power producers across the globe are faced with the critical challenge of finding the right energy storage partner. Trina Storage, bringing 26
Read MoreConstruction work at sites for new battery energy storage systems (BESS) will start between April and June and will be carried out all over Italy. This will contribute to the energy transition, based on
Read MoreThe deal will see Nuveen Infrastructure and Exus commence a series of standalone battery energy storage system (BESS) projects across the Puglia region of
Read MoreThe European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy. The scheme totalling €17.7 billion (US$19.5 billion) will provide annual payments covering investment and operating costs for those developing, building and operating large-scale energy storage
Read MoreImage: Energy Dome. Italian startup Energy Dome has launched the first demonstrator project of its carbon dioxide-based energy storage solution, a 4MWh system in Sardinia, Italy, while also revealing Series B plans. The 2.5MW/4MWh CO2 Battery facility is now fully operational after an initial phase of operations to test its performance.
Read MoreA total of 71GWh of new grid-scale energy storage needs to be deployed in Italy by 2030 for it to decarbonise its energy system in line with the EU targets. Transmission system operator (TSO) Terna released its ''Study on Reference Technologies for Electricity Storage'' report last week (10 August), one of the requirements under a
Read MoreAccording to Eurelectric''s Decarbonisation Speedways study from 2023, the financing required to support a major and much-needed step-up in energy storage systems leading to 2050 is estimated between €100 billion ($108.2 billion) and €300 billion ($324.5 billion). To paint an image of what this represents, Europe''s electricity sector
Read MorePrivately-owned renewable energy firm Cubico Sustainable Investments has reached over 1GW of renewable energy projects under development in Italy. Cubico''s portfolio in Italy includes solar, wind and battery energy storage technologies. The company has an operational portfolio of almost 50 projects with a total capacity
Read MoreGianluigi Fioriti, CEO of project sponsor Enel Distribuzione, said: "With the completion of the Puglia Active Network project, we are going to build the world''s first smart region. The project impacts more than 80 percent of Apulia''s medium voltage lines and about 8,000 primary and secondary substations.
Read MoreMarch 1, 2024. The panel discussion on Day 1 of the Energy Storage Summit EU in London last week. Image: Solar Media. Italy''s grid-scale energy storage market opportunities are unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.
Read MoreSolar and storage installer Lemon Sistemi and investor Volt ESG have signed a deal to develop a battery energy storage system (BESS) project in Italy, the latest substantial BESS development in the country. The two companies have signed a contract for the development of 2GW of BESS projects, mainly in southern Italy and its
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