This event will bring together the region''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place, as the region readies itself for storage to take off.
Madagascar-based Axian Energy has obtained €84 million ($89 million) for a solar-plus-storage project featuring a 60 MW solar plant and a 72 MWh battery energy storage system (BESS) in southern Senegal.
We discuss these in detail in Project Financing and Energy Storage: Risks and Revenue. IRA and ITCs for Standalone Energy Storage: The Inflation Reduction Act makes
Integrating battery energy storage systems (BESS) with solar projects is continuing to be a key strategy for strengthening grid resilience and optimising power dispatch. With proper planning
ng solar-plus-storage projects. The framework covers several requirements, from conducting the preparatory studies on the long-term least-cost plans, grid-integration, and demand forecasts,
This is the first public call in Croatia in which subsidies will come from the European Union''s Modernization Fund, which was set up in 2021 to help 10 member states to upgrade their grids and meet 2030 energy targets.
Following the unprecedented crisis caused by the COVID-19 pandemic, Croatia''s recovery and resilience plan has responded to the urgent need to foster a strong recovery, while making Croatia''s economy and society more resilient and
Is Croatia ready for solar energy storage? nantly for battery storage." GlobalData says that Croatia is now on target to meet its 36.4% ren wable energy target by 2030. However,its recent
Is Croatia ready for solar energy storage? "There is immense scope for energy storage in Croatia, predominantly for battery storage." GlobalData says that Croatia is now on target to meet its
Solar Power Portal. Developer NGEN is deploying the largest battery storage projects in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman
Grenergy has secured US$324 million in financing for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile, set to include 269MW of solar PV
Strong regulatory support, low-cost project financing, and an open market for foreign investment further enhance the country''s microgrid growth prospects. The microgrid industry in the Israel
This is already the case in China, where targets for 100GW of storage by 2030, supported by an emission trading system (ETS) and domestic manufacturing, have exhibited strong renewable
The project will integrate PEM electrolysers with a new solar power plant to produce green hydrogen, supporting decarbonization efforts at the refinery and providing sustainable fuel for
Is Croatia ready for solar energy storage? in Croatia,predominantly for battery storage." GlobalData says that Croatia is now on target to meet its 36.4% renewable energy target by
Implementing innovative solutions such as energy storage systems can help alleviate some pressure off outdated networks while promoting a more flexible approach towards integrating
The Kolda solar farm project, valued at €105 million, will feature a 60 MW photovoltaic system with 72 MWh of battery storage. It has been billed as the largest planned
Financing structure options for standalone storage projects and hybrid solar plus storage projects. The pool of potential investors in these projects by allowing project owners to transfer
The expansion of Moss Landing Energy Storage Facility in California, already the world''s biggest BESS project, to more than 3GWh was one of the highlights of the first half
Hybrid solutions - such pumped storage power plants combined with wind and/or solar farms - are becoming increasingly important for the generation and storage of clean, renewable energy, as
Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding rapidly in order to support grid resiliency. Through 2030, the global
The United States and global energy storage markets have experienced rapid growth that is expected to continue. An estimated 387 gigawatts (GW) (or 1,143 gigawatt hours (GWh)) of new energy storage
As one of our first contributions, we are making a toolkit available that provides guidance to policymakers and project developers on best practices for implementing solar-plus
In this article we will explore the benefits of this increased flexibility from the perspective of parties to a hypothetical utility-scale solar-plus-storage project financing. Specifically, we discuss four
U.S. power demand is surging as data centers plug in. The cheapest, fastest way to keep the lights on? Solar-plus-storage, not gas generation.
It is "too slow" to get a utility-scale solar project in Croatia finalized, said Zvonimir Me?trovi?, head of solar business development at Zagreb-based renewable energy company ENCRO.
To achieve its goal, Croatia set up a 2030 National Energy and Climate Plan. The national strategy aims at a 36.4% share for renewable energy by 2030 and significant investment across the energy sector, including
rPlus Energies has secured the close of tax equity financing commitment with RBC Community Investments and a syndicate of investors. The tax equity financing
Thinking about Financing Battery Storage Systems for your commercial or industrial facility? Learn about strategies you have available in this blog and webinar.
Solar PV capacity accounted for 16.4% of total power plant installations globally in 2023, according to GlobalData, with total recorded solar pv capacity of 1,496GW. This is
“There is immense scope for energy storage in Croatia, predominantly for battery storage.” GlobalData says that Croatia is now on target to meet its 36.4% renewable energy target by 2030. However, its recent investment in energy storage has not been accompanied by rapid solar PV development.
Croatia is preparing to build Eastern Europe’s largest energy storage project. IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024.
GlobalData expects the country to reach 770 MW of cumulative solar capacity by 2030. “Croatia’s largest state-owned power company HEP has announced plans to invest around $23 million annually until 2023 to install new capacity of 20 MW per year, as well as to complete 350 MW capacity by 2030,” said Saibasan.
The country might only add 2.5 MW of new solar capacity in 2022, and another 19 MW next year, according to the consulting firm. The International Renewable Energy Agency (IRENA) says that Croatia had 309 MW of installed PV capacity at the end of 2021. GlobalData expects the country to reach 770 MW of cumulative solar capacity by 2030.
In December 2018 the Croatian Parliament adopted the amendments to the Renewables Act and the Government adopted two implementing regulations, which jointly apply as of 1 January 2019 (“ 2019 Amendments ”).
