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Tag: energy storage

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IPO Bound Pace Digitek Limited Inaugurates BESS Manufacturing Facility in Bidadi, Karnataka

BENGALURU, India, July 3, 2025 /PRNewswire/ -- Pace Digitek Limited (Pace Digitek), an experienced multi-disciplinary solutions provider in the telecom passive infrastructure sector, today...

One of Finland’s largest energy storage facilities commissioned in Lappeenranta – Merus Power’s EUR 15 million delivery completed

TAMPERE, Finland, July 03, 2025 (GLOBE NEWSWIRE) -- The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is owned by a joint venture between Ardian’s Clean Energy Evergreen Fund and the local energy provider Lappeenrannan Energia. It is one of the largest energy storage facilities in use on the Finnish electricity market with an output of approximately 38 megawatts and energy of 43 megawatt hours. The completion of the project is significant for Merus Power, as it is the largest energy storage facility manufactured by the company.

Jeden z największych magazynów energii w Finlandii został przekazany do eksploatacji w Lappeenranta – inwestycja Merus Power o wartości 15 milionów euro została ukończona

TAMPERE, Finlandia, July 03, 2025 (GLOBE NEWSWIRE) --  Magazyn energii budowany przez firmę Merus Power w Lappeenranta w Finlandii został ukończony i przekazany do eksploatacji komercyjnej 15 maja 2025 roku. Właścicielem magazynu energii jest spółka joint venture tworzona przez fundusz Ardian Clean Energy Evergreen Fund i lokalnego dostawcę energii Lappeenrannan Energia. To jeden z największych magazynów energii działających na fińskim rynku energetycznym, dysponujący pojemnością 38 MW / 43 MWh. Ukończenie projektu ma duże znaczenie dla firmy Merus Power, ponieważ jest to największy zbudowany przez nią obiekt tego typu.

J&V Energy Wins Dual Honors at 2025 Asia Responsible Enterprise Awards for Environmental Leadership and Community Impact

BANGKOK, July 3, 2025 /PRNewswire/ -- J&V Energy Technology (6869-TW), a leader in integrated sustainable development and circular economy solutions in Taiwan, has earned global recognition for...

Elementium awarded $100,000 SuperBoost Grant to scale production of next-generation battery electrolytes

Elementium, an energy storage startup developing novel battery electrolytes, receives a $100,000 SuperBoost grant from the NSF Energy Storage Engine.

Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access

TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform.

Narada’s Center L Ultra 6.25MWh Liquid-Cooled Energy Storage System Ready for Global Delivery

HANGZHOU, China, July 2, 2025 /PRNewswire/ -- Recently, Narada has announced the upcoming mass production of its Center L Ultra liquid-cooled energy storage system, once...

Narada’s Center L Ultra 6.25MWh Liquid-Cooled Energy Storage System Ready for Global Delivery

HANGZHOU, China, July 2, 2025 /PRNewswire/ -- Recently, Narada has announced the upcoming mass production of its Center L Ultra liquid-cooled energy storage system, once...

HyperStrong Accelerates APAC Expansion Through Strategic Cooperation with Alpina to Advance Integrated Charging + Storage Development

BEIJING, July 2, 2025 /PRNewswire/ -- HyperStrong, a global leader in energy storage system integration, signed a strategic Memorandum of Understanding (MoU) with Singapore-based...

EZGO ANNOUNCES FINANCIAL RESULTS FOR THE SIX MONTHS ENDED MARCH 31, 2025

CHANGZHOU, China, July 1, 2025 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or the "Company"), a leading short-distance transportation solutions...

Duke Energy Carolinas proposes new rates to support ongoing efforts to build a stronger energy future for South Carolina customers

Recent investments have strengthened the grid and reduced outages for customersThe electric utility serves nearly 680,000 customers in the Upstate region and along the...

Eos Energy Announces Second Funding Under Its Department of Energy Loan Guarantee to Fuel U.S. Battery Manufacturing Capacity Expansion

$22.7 million second loan advance follows the first $68.3 million received in December 2024 
$22.7 million second loan advance follows the first $68.3 million received in December 2024

Ignitis Group made final investment decisions on 291 MW BESS projects in Lithuania

AB “Ignitis grupė” (hereinafter – the Group) informs that on 30 June, with the agreement of the Group’s Management Board, the Group’s subsidiaries UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) and AB “Ignitis gamyba” (hereinafter – Ignitis Gamyba) made final investment decisions on three battery energy storage system (hereinafter – BESS) projects in Lithuania, with a combined 291 MW power and 582 MWh storage capacity. The German company Rolls-Royce Solutions GmbH will provide the equipment and the integration services for all three BESS projects.

GLOBELEQ’S RED SANDS BATTERY ENERGY STORAGE PROJECT REACHES FINANCIAL CLOSE

CAPE TOWN, South Africa, July 1, 2025 /PRNewswire/ -- Globeleq, a leading independent power company in Africa and its project partner, African Rainbow Energy,...

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