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£147 million deal will double Scottish energy storage capacity

Envirotec Magazine

Construction has commenced on a new energy storage facility in Scotland, part of a drive to maximise the efficacy of renewables and reduce the cost of wasted wind to consumers. SMA Solar Technology AG will provide battery inverters and medium voltage power stations with Wärtsilä appointed as the Battery Energy Storage System (BESS) supplier.

Energy 286
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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Energy storage tax credits in US priced highest among all clean energy types

Energy Storage News

Energy storage investment tax credits (ITC) were priced more highly than any other clean energy type in transferability transactions last year, according to a report from tax credit ecosystem Crux which its CEO discussed with Energy-Storage.news.

Energy 128
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Envision Energy Showcased Pioneering Green Hydrogen Solutions at World Smart Energy Week in Tokyo

FuelCellsWorks

Envision Energy brings its pioneering Green Hydrogen solution at World Smart Energy Week in Tokyo, Japan, the world’s largest-scale exhibition specialized in renewable energy. TOKYO— Envision Energy, a global leader in green.

Hydrogen 120
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Electrofuels Are the Future: The Driving Force to Decarbonizing Heavy Transport

Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium

With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation. However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit.

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Digital identities for ‘trust’ in Germany’s energy system

Smart Energy International

The German Energy Agency (DENA) is leading the DIVE project to leverage digital identities to integrate and manage renewable energies in a decentralised landscape. This includes the use of digital identities in conjunction with the registry and exploring energy industry use cases and their links to the identity register.

Energy 133
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Xcel Energy Releases New Upper Midwest Energy Plan

Solar Industry

Xcel Energy has proposed a new energy plan for the Upper Midwest that incorporates the company’s carbon reduction goals by extending use of its nuclear plants while adding more renewable energy and battery energy storage systems.

Energy 111