Australia moves 1.4 GW of new solar, wind projects forward in Q3
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
Ireland’s battery storage fleet to grow to 13.5 GWh by 2030
Cornwall Insight calculates that Ireland’s battery storage capacity will reach 13.5 GWh by 2030, up from 2.7 GWh in 2025.
Financing secured for solar-plus-storage project in Senegal
Madagascar-based Axian Energy has obtained €84 million ($89.2 million) of financing for a solar-plus-storage project, featuring a 60 MW solar plant and a 72 MWh battery energy storage system (BESS) in southern Senegal.
Israel plans 2,000 m2 PV project in occupied Palestinian territories
Israel plans to bild a 2,000-square-meter solar PV project in the occupied Palestinian territories and has directed civilian authorities in the West Bank to identify suitable land and launch a tender within a year. The project may also include energy storage options.
Testing to start on 100 MWh sand-based thermal battery in Finland
Finnish startup Polar Night Energy is building an industrial-scale thermal energy storage system in southern Finland. The 100-hour, sand-based storage system will use crushed soapstone, a by-product from a fireplace manufacturer, as its storage medium.
Greece launches 200 MW battery storage auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.
The Hydrogen Stream: HiiROC, Siemens tie up on thermal plasma electrolysis
HiiROC and Siemens have signed a memorandum of understanding to make advanced control technologies and ensure the safe automation of hydrogen production.
Jordan’s new electricity law encourages investment in energy storage
The new law aims to improve the efficiency and reliability of Jordan’s electricity infrastructure and introduces the concept of energy storage in the country’s legislation for the first time.
French development agency backs South African pumped hydro storage project
Agence Française de Développement has signed a ZAR 125 million ($7 million) grant agreement with South African utility Eskom to support the development of a hydro storage system project.
Pathway to Singapore’s solar development
Singapore could import large quantities of low-cost solar power from neighbouring countries using undersea cables, with the indicative cost being competitive with gas generation. Unlimited world-class pumped hydro energy storage is available in neighbouring countries in the range 50-5000 GWh to support very large scale transmission.
