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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Puerto Rican solar and battery project to boost grid reliability

Smart Energy International

Solar renewables company Infinigen Renewables and ArcLight Capital Partners have announced a power and battery infrastructure project in Puerto Rico to provide supportive flexibility and reliability to the power grid.

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California’s PG&E tapped 8,500 residential batteries for grid resilience

Smart Energy International

Peaking at nearly 32MW from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customer batteries provided consistent clean energy to California’s power grid through the summer and fall of 2023.

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‘We’re playing catch up’: How grid operators see the future of battery storage

Smart Energy International

From interconnection to market structures, US power grid operators are grappling with an onslaught of battery storage development, which has boomed due to the critical need to shore up variable renewable energy. He said the rule is the product of rapid growth and an imperative to adapt to an evolving grid.

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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

billion ($38.96) by 2026, more than half of this being funnelled into power grid investments, the Group said more focus will be placed on profitability, flexibility and resiliency through selective capital allocation to maximize its risk/return profile. Beyond the power grid , approximately €12.1 With plans to spend €35.8

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Enel Green Power grows US portfolio with 450MW solar+storage

Renewable Energy World

Enel Green Power North America has acquired a 3.2GW solar portfolio, including 450MW solar-plus-storage projects, from Dakota Renewable Energy. Balancing a renewable grid: What are the options? Massive 50-GW wind, solar, hydrogen power plant with unique ownership model announced in Australia. Have you read?

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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

Also on the radar are the closing of Gridmatics’ storage fund, Siemens’ financial safety net and the sale of a 410MW battery storage pipeline. The fund is earmarked to oversee the management of up to 500MW of battery capacity in the ERCOT (Electric Reliability Council of Texas) and CAISO (California Independent System Operator) markets.

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