The energy storage sector has been a hotbed of activity, driven by the global push towards renewable energy transition. Recently, a significant development has taken place with BW ESS’s strategic acquisition of the remaining shares in Penso Power. This move is set to enhance BW ESS’s capabilities
An in-depth study published recently examines an energy management optimization model tailored for cooperative multi-Microgrids (MMGs), which integrates a Demand Response Program (DRP) and takes into account various uncertainties. The model achieves a balance of techno-economic and environmental
In a significant move towards enhancing energy security, UKRSIBBANK BNP Paribas Group has entered into a $10 million agreement with the agricultural giant MHP. This funding will be allocated to the installation of solar panels and cogeneration units for generating electricity and heat.
As Poland transitions to a more sustainable energy system, Battery Energy Storage Systems (BESS) emerge as critical assets. Positioned securely within Poland’s Capacity Market (CM), BESS provides not only standby capacity but also a plethora of opportunities for revenue generation. The financial
India’s recent approval to join an influential global energy efficiency hub marks a significant move towards enhancing energy efficiency practices nationwide. This decision, backed by the Union Cabinet, sets the stage for India to collaborate intensively with other member nations in pursuing
In an era where the marine industry faces the pressing challenge of transitioning to alternative fuels, Headway Technology Group has emerged as a notable player offering groundbreaking low-carbon solutions. Their focus is on alternative fuel supply systems such as methanol, LNG, and ammonia, along
