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Australia’s new giant Tesla Megapack battery project completes project financing

Teslarati

Australian renewable energy Edify Energy has formally announced that its high-profile 150MW / 300MWh battery storage system has completed its financing. We have long been believers of harnessing the full capability of power electronics and preparing for a 100% renewables-based grid.

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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

Green Car Congress

The advantage is that fast-charging infrastructure can be built nearly anywhere, even if in places with a low-capacity grid connection. Reusing batteries is important for the future and it’s closely linked to the acceleration in the trend toward electric mobility. Residential areas are one example of where this could be used.

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ITM Power to study large-scale production of renewable hydrogen in British Columbia; export to Japan and California

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In the initial phase of the project, ITM Power will undertake a techno-economic feasibility study for the large-scale centralized production of renewable hydrogen in the province of British Columbia (BC). Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline.

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DOE issues draft loan solicitation for up to $4B for renewable energy and energy efficiency projects; drop-in biofuels a key area

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The US Department of Energy (DOE) issued a draft loan guarantee solicitation for renewable energy and energy efficiency projects located in the US that avoid, reduce, or sequester greenhouse gases. Advanced Grid Integration and Storage. Waste-to-Energy. Enhancement of Existing Facilities.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. billion.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). of Cape Wind output; National Grid had agreed to buy 50%.

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STEAG and thyssenkrupp planning joint green hydrogen project

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The connection to the extra high-voltage grid ensures the supply of green electricity for the electrolysis; large-scale battery systems ensure grid stability. It also has a connection to the existing natural gas network, which in the future could also be used for the transport of hydrogen.

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