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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Swell’s behind-the-meter battery-based VPP proposition.

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EIB finances grid upgrades across Germany

Smart Energy International

On the back of approving €805 million in clean energy financing, the European Investment Bank (EIB) is lending €400 million ($425.2 million) to municipal energy supplier Thüringer Energie AG (TEAG) to upgrade and digitise the electricity grid in Thuringia, Germany. million). The financing forms part of a larger, €4.3 billion ($4.6

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Could trash-to-energy technology feed hydrogen demand?

GreenBiz

Other technologies are in the mix, such as battery electric vehicles. It is energy-efficient, abundant and an environmentally friendly alternative to natural gas. Clean hydrogen could cut greenhouse gas emissions from fossil fuel by up to 34 percent, reported Bloomberg New Energy Finance. . locations in 2021.

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Urgent measures announced as Dutch grid creeps to capacity

Smart Energy International

Government and grid operators in the Netherlands are taking new, urgent measures to ensure sufficient space on the Dutch power grid as demand continues to surge in the compact country. That is good news, but it also puts enormous pressure on our power grid.

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As Canada builds a net-zero electricity grid, good decisions must start with good data 

Clean Energy Canada

Even without carbon pricing, wind power is set to be 40 per cent cheaper than gas-fired power in Alberta and Ontario by 2030. Our analysis also explores the costs of using battery storage to complement wind and solar power, finding that, even with storage included, both are still highly cost-competitive.

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BESS powers up to 130,000 Texan homes and bolsters grid reliability

Smart Energy International

Vistra has announced that its DeCordova battery energy storage system (BESS) in Granbury, Texas, is online and storing and releasing electricity to the Electric Reliability Council of Texas (ERCOT) grid. Aerial – battery containers. Courtesy of Vistra. Mortenson provided engineering and construction expertise.

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Smart Energy Finances: Shell to reportedly sell sonnen

Smart Energy International

This week’s Smart Energy Finances looks at the reported sale of German virtual power plant and battery energy storage developer sonnen by Shell as a part of its retail divestment strategy. When numerous residential battery storage systems connect, something big happens. billion) in investment to date. billion ($10.4

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