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India’s NTPC launches 250 MW/500 MWh standalone battery storage tender
Indian state-run power producer NTPC Ltd has invited bids to develop 250 MW/500 MWh of grid-connected standalone battery energy storage systems in Gadarwara, the state of Madhya Pradesh, central India and Solapur, the state of Maharashtra, western India.
Jun 17, 2024
New York offers $5 million for long-duration storage projects
The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
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Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential
Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
Austria offers €17.9 million to fund storage
The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Bulgaria backed by EIB for 1.6 GW of pumped storage
The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million.
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TWAICE, NARDAC team to improve insurance terms with battery storage analytics
German battery analytics technology provider TWICE and NARDAC, UK-based insurance broker focused on large energy and infrastructure assets, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.
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