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Solar solutions provider Sungrow has signed a supply agreement with French renewable energy group EDF Renewables to provide liquid-cooled energy storage systems and MV transformers for the Umoyilanga project in South Africa which, once connected to the grid, will help alleviate impacts of the country’s power crisis.
This summer Hitachi announced its intention to change its name to Hitachi Energy and drop the joint venture name it adopted when it purchased the grid business from ABB. Today, the company is announcing that the former name, Hitachi ABB PowerGrids, has been officially changed to simply Hitachi Energy.
The IEA has reported that grids investment is expected to reach $400 billion in 2024, with Europe, the US, China and parts of Latin America leading the way. In 2023, the investment in the grids was about $375 billion, up from less than $350 billion in the previous year. Have you read?
For Africa to achieve universal electricity access by 2040, a more equitable system must be implemented – one that leverages a diverse mix of the continent’s abundant renewable resources and is dependent upon a more interconnected, flexible and reliable powergrid.
Renewable energy projects coupled with energy storage will “change the game” for India’s powergrid, Raju said, by eliminating arguments that coal and gas are needed to provide baseload power. And yet, hundreds of millions of people in India still don’t have access to affordable and reliable power.
Upon completion, the Tiantai station will mainly provide peak load regulation, valley filling, frequency regulation, phase modulation, power storage and emergency use for Zhejiang’s powergrid, as well as offer flexible dispatching capacity for the East China Grid. CTG expects to record annual output of 1.7
It is noteworthy that it is not just the electrical switchgear, but the entire powergrid industry is observing a major shift towards digitalisation in recent years and this trend is expected to continue in the future as well. Her main area of interest is power systems.
It’s a strain on our powergrid, agriculture and – most of all – people. Excessive heat and severe flooding has claimed thousands of lives across Europe, Asia, and Africa. Parts of the state suffered through weeks of temperatures topping 100 degrees, and rarely dipping below 80 at night.
Kai Grigutsch, head of wind certification for UL, said: “Confirming that new turbine technologies can support the powergrid while optimizing energy production is crucial to accelerating the development of wind farms and Europe’s green energy transition.”. The certification will also allow Siemens Gamesa to launch its new 5.X
Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized powergrid.
Southern Africa’s Power Pool (SAPP) and Southern African Development Community (SADC) have appointed blended finance fund manager Climate Fund Managers (CFM) to manage its Regional Transmission Infrastructure Financing Facility (RTIFF). billion within 24 months. The facility will have a fund life of up to 20-25 years.
The Itron Inspire EMEA (Europe, Middle East and Africa) 2022 virtual event highlighted the important work being done within the water and energy sectors in the face of pressing challenges. Electric vehicle charging impacts the powergrid The EV industry has been experiencing a surge of interest and investment.
By visualising the processes of the distribution grid at all times, our customers are able to control a wide range of grid assets and take action to prevent critical situations before they happen.”. The development of the powergrid needs to keep pace with the installation of new power generation assets.
Also from Smart Energy Finances: Series B funding for AI-poweredgrid analytics Growth financing for AI-based network resilience ACWA closes $14bn in projects in just 12 months Renewable energy and water project developer ACWA Power has announced the closure of projects worth over $14 billion over the last 12 months.
When completed, the three projects will dispatch electricity under 15-year power purchase agreements to South Africa. The total cost of the projects is estimated to be more than R7 billion ($375 million), and construction is expected to commence in mid-2024.
ELMED will enable stabilise the powergrid on both sides of the Mediterranean and export electricity when possible. Commenting in a release was Marcus Cornaro, head of the EU Delegation in Tunisia: “Tunisia’s solar energy potential is enormous. Tunisia’s energy independence also goes through renewable energies.
The idea, said CEO and co-founder Dan Schnitzer, is to expand from serving the estimated 1 billion people who live without grid access to the roughly billion more “who still suffer from low-level electricity access, despite having access to a grid — what you might call a weak or a broken grid.”
Enlit Europe 2022 It is the only exhibition in the industry that gives over 15,000 energy industry professionals and power companies the opportunity to communicate and cooperate at the same time and place, who came from Europe, America, Asia and Africa. In 2021, it was in Milan.
grant from the Bill & Melinda Gates Foundation to support smallholder farmers in East Africa through a collaboration with in-region technology and weather partners. Latitude Media (formerly known as Post Script Media) raised $4M for its climate newsroom expansion. Salient Predictions , a Greentown alum, received a $2.9M
Industry Voice: UK Export Finance explains how it helped cheese brand Wyke Farms' secure a £30m General Export Facility with Barclays to support its global expansion plans Wyke Farms is the UK's largest independent cheese producer, exporting around 6,000 tonnes of cheddar every year to countries, including Japan, Australia, South Africa and the USA.
The event aims to gather industry experts, colleagues and thought leaders from Europe, the Middle East and Africa. Itron has announced the second iteration of their annual customer event, Itron Inspire EMEA , from April 5-6, 2022.
Keith Buddon, head of business development at Cenex – an independent non-profit research and consultancy – responded to this quandary during the Smart Mobility Africa Fleet Summit , taking place during Enlit Africa 2022. People have begun to use a lot more electrical equipment.
Have you read: Siemens Energy combines synchronous condenser and battery tech to stabilise Irish grid Energy storage needs greater innovation say Europe and Africa commissioners The companies have also partnered to automate and digitise Skeleton’s upcoming factory in Markranstädt, Germany, which will coordinate supercapacitor production.
Her doctorate was focussed on improving the efficiency of silicon PV, while subsequent expertise covers vehicle-to-grid, forecasting electric vehicle uptake, readiness for grid edge technologies and decarbonising public transport in Sub-Saharan Africa. Sign up to our newsletter and stay informed.
A partnership between CAKE electric motorbikes, the Southern African Wildlife College and Goal Zero has produced a solar-powered electric motorbike aimed at helping Africa’s anti- poaching rangers protect endangered wildlife. Across Africa , anti-poaching rangers regularly use motorbikes to patrol protected areas.
The Menengai geothermal field is already contributing 35 MW of capacity to the powergrid thru the first geothermal power plant by Sosian Power. Two more power plants will be developed in this field, with target commercial operations by 2025.
Specifically, Terna intends to boost investment in developing the national powergrid, with expenditure totalling €10.8 Furthermore, investments in grid development will include innovative projects such as the Milan-Montalto connection, which will use direct current transmission technology, and the Central Link. billion ($16.8
Over nine hundred companies of production chain took part in the event, including industrial executive institutes, scientific research organizations, powergrid enterprises, power generation firms, system assembly providers and financial institutes. Read more from Shenzhen CLOU.
Managing powergrid complexity: The 5 biggest priorities for utilities in 2024 Energy Transitions Podcast: Accelerating decarbonised power generation at scale Notable expansion of the data centre sector also is likely, with consumption from data centres, AI and the cryptocurrency sector potentially doubling by 2026.
By examining total CO2 emissions by 145 nations of the world, renewable powergrids, governmental effectiveness, and local economic conditions, I've derived a formula that measures the relative challenge facing each nation in achieving significant progress in reducing its carbon footprint.
Early-Stage ⚡ Exodigo , a Tel Aviv, Israel-based advanced powergrid sensing platform, raised $105m in Series A funding from Greenfield Partners, Zeev Ventures, 10D, Jibe Ventures, National Grid Partners, and other investors.
Have you read: WEC hears how to unlock energy investments in Africa Round Table for Industry identifies €800bn EU energy infrastructure investment gap Breakdown: How much money is needed and where should it go? Indeed, Europe and the UK have already pushed back 2030 climate goals and other countries may follow suit.”
The latter think tank has warned that Africa in particular is at risk of tying its long term economic fortunes to fossil gas in response to European nations' rush to secure new short-term supplies to end their reliance on Russian exports.
As part of the transaction, the consortium has also secured an option agreement with National Grid for the potential acquisition of the remaining 40 per cent stake in the gas transmission and metering business "on broadly similar terms", the firms said.
It also started commercial operations at two solar farms with integrated battery storage in Texas, invested in renewable hydroelectric projects in Africa and hydrogen projects in Japan, and launched a floating wind turbine pilot project in Britain.
Wherever possible, Apple said it plans to bring clean energy projects online for national powergrids that currently boast relatively high carbon intensity, so as to maximise its impact on a European electricity sector where new renewable generation capacity is "critically needed".
Ceer will be the first Saudi automotive brand to produce EVs in the country, designing, manufacturing, and selling "a range of vehicles" for both domestic customers and the wider Middle East and North Africa region, it explained.
🚗 BasiGo , a Nairobi, Kenya-based EV buses in Africa, raised $24m in Series A funding from Africa50, CFAO, Mobility 54, Moxxie Ventures, Novastar Ventures, and other investors and also raised $18m in Debt funding from British International Investment and US International Development Finance Corporation.
– CEO and Co-Founder, GRID Alternatives During the 2001 California energy crisis, Erica Mackie, a mechanical engineer, along with Tim Sears, had a vision for free, clean, solar-driven electricity that would be practical and accessible for the low-income communities that needed it the most.
This requires accelerating the roll out of low cost renewable technologies such as offshore wind, investing in the UK's powergrid infrastructure and overseeing a much-needed mass insulation programme to upgrade UK's leaky housing stock.
There was also a string of announcements focused on Asia, with Bloomberg reporting this morning that the finishing touches were being put on a "just energy transition partnership" akin to the deal brokered for South Africa at COP26 that would aim to help Indonesia transition off coal power.
The targets are more ambitious than the White House's economy-wide goals to halve emissions by 2030 and deliver a zero carbon powergrid by 2035, and as such point to Biden's plans to use the purchasing power of the federal government to help accelerate the deployment of clean technologies.
But to deliver this scenario requires investment of around five per cent global GDP each year, amounting to an additional $33tr of additional investment in energy efficiency, renewables, end-use electrification, powergrids, flexibility, hydrogen infrastructure, and myriad other clean tech innovations, it said.
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