Energy Vault completes world’s first gravity energy storage system in China
Energy Vault is commissioning the world’s first grid-scale gravity energy storage system. It is adjacent to a wind power plant near Shanghai.
Japan could finance pumped storage hydropower plant Bistrica in Serbia as cost rises to EUR 1.2 billion
The cost of Bistrica is now projected at EUR 1.2 billion, up from EUR 700 million, and Serbia is preparing for talks with Japan
Serbia will build renewable power plants totaling 3,000 MW within several years
Minister Dubravka Đedović speaks in an interview about changes in renewable electricity auction rules, how much more capacity the transmission system can handle and how companies would be helped to prepare for the EU's CBAM carbon border tax
Hidroelectrica to install battery at its loss-making Crucea Nord wind farm
Romania's Hidroelectrica is preparing to integrate a 1.2 MW battery system with its only wind power plant – Crucea Nord
Photovoltaics supply 60% of Greece’s electricity at noon during heatwave
A heatwave pushed the demand for electricity in Greece to the highest this year. Photovoltaics cover the most around midday, but peak demand is around sunset.
Volkswagen joins EPEX Spot electricity exchange via its Elli brand
German carmaker Volkswagen and its Elli division entered the EPEX Spot power bourse with a stationary system and a digital platform
95 projects with 3.5 GW participate in Greece’s first battery storage auction
Competition is high in Greece's first energy storage auction, as 95 offers were submitted to the regulatory authority
IEA: Demand for critical minerals to spike 3.5 times by 2030
The growth in projects for the production of critical minerals such as copper and lithium is insufficient for a net zero energy transition
