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Pacific Green Technologies to double battery pipeline this year

Smart Energy International

The company, which operates from Delaware, US, has said that, with pipeline growth to 6GWh in 2023, the company is doubling down on utility-scale battery energy storage systems (BESS) as a priority focus for 2024 and beyond. The team also aims to further expand its origination portfolio to almost 5GWh in total.

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Construction begins on 500MW Australian battery project

Smart Energy International

” Large-scale batteries provide long-term system stability to the power grid and support the uptake of more renewables, with Synergy planning to build 3GWh of storage by 2025. Kwinana Battery Stage Two is under construction and is due to be completed in late 2024.

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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

The round comes as severe weather and wildfires continue to cause significant stress on power grids across the globe, in some cases causing blackouts This is resulting in greater investments into power grids and networks. billion ($300.9