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German energy company moves ahead with 800 MWh battery storage project
Energy company Energie Baden-Württemberg AG (EnBW) has announced its large-scale battery storage facility, to be built at the site of a former nuclear power plant in southwestern Germany, will be developed without government subsidies.
Germany to remove large battery storage systems from grid connection ordinance
Following a surge in battery storage applications, Germany’s Federal Ministry for Economic Affairs and Energy is planning to remove storage systems from a rulebook overseeing the grid connection of power plants larger than 100 MW. The move has been criticized by the German Renewable Energy Federation.
India’s Oriana Power explores compact pumped storage for C&I customers, raises BESS target to 20 GWh by 2030
Oriana Power is expanding its focus beyond battery energy storage to compact pumped-storage solutions – a new generation of systems that the company believes could redefine the future of commercial and industrial (C&I) energy management.
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CATL to supply 19 GWh BESS for Masdar’s round-the-clock Abu Dhabi project
The supply deal with Masdar saw CATL's shares surge by more than 5% on Monday, marking a recovery for the Chinese battery giant which saw its stock suffer earlier in January after the US administration deemed it linked to the Chinese military.
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Germany’s Green Flexibility secures up to EUR 400m equity finance for grid-scale batteries
Swiss private equity firm Partners Group will invest in the German battery energy storage specialist. Green Flexibility said the backing, plus other borrowing, will finance more than EUR 1 billion ($1.03 billion) worth of projects.
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