In a significant move in the global energy storage industry, BW ESS, a subsidiary of Singapore's BW Group, has completed the acquisition of London-based Penso Power. This acquisition underscores a critical moment as BW ESS integrates Penso Power's expertise and assets, further enhancing its
The Gulf Coast, especially in states like Texas, Louisiana, and Mississippi, is facing increasing challenges in storing renewable energy generated from solar and wind sources. Due to the unique geographical features of these states and the inherent limitations with traditional energy storage
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
In a bold move to advance renewable energy technologies, the US Department of Energy’s Water Power Technologies Office (WPTO) has allocated over $33 million for projects focused on enhancing hydropower and marine energy. This significant funding underscores the government’s commitment to
Lightsource bp has unveiled plans to establish the largest solar farm in Ireland on a sprawling 599-acre site in North Kerry. In conjunction with this massive solar farm, the project will also integrate the country’s second-largest energy storage facility. This endeavor signifies a major leap
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
