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News
BW ESS buys 250MW/1GWh Yanco BESS in Australia from ACEnergy
2+ day, 1+ hour ago (363+ words) BW ESS has completed the acquisition of the Yanco battery energy storage system (Yanco BESS), a 250MW/1GWh project in Riverina, New South Wales, from ACEnergy, an Australia-based renewable energy developer. The deal will see BW ESS oversee construction and long-term operations…...
Heron Power to build $100m manufacturing facility in Morgan Hill
2+ day, 2+ hour ago (356+ words) Once operational, the factory will deliver over 40GW of equipment annually. Power electronics manufacturer Heron Power has chosen Morgan Hill, California, as the location for its first large-scale factory, Heron Factory One, in the US. The planned advanced manufacturing facility will…...
AI and ML emerge as cornerstones of predictive maintenance in power industry
2+ day, 3+ hour ago (38+ words) Power Technology Unlock Free Access to Premium Content Discover exclusive forecasts, analyst insights and in-depth power industry analysis. With a free Power Technology profile, you can:...
Underground LDES: turning mines and caverns into energy storage
2+ day, 2+ hour ago (744+ words) This episode of Energy Technology considers how repurposed mines and salt caverns can provide long duration energy storage. As intermittent renewables expand, so does the demand for long duration energy storage (LDES). However, different geologies and applications require tailored solutions,…...
Edify achieves financial close for Ganymirra and Majors Creek projects
2+ day, 4+ hour ago (320+ words) The projects have secured backing through a portfolio financing package that involves 14 international and domestic lenders. Edify Energy has achieved financial close on the Ganymirra and Majors Creek solar and battery hybrid projects, located in North Queensland, Australia. The two…...
Recurrent Energy $695m funding for 330MW Cobalt solar project
2+ day, 5+ hour ago (348+ words) The funding includes approximately $484m in debt financing, arranged by Mitsubishi UFJ Financial Group and Nord/LB. Recurrent Energy, a subsidiary of Canadian Solar, has secured $695m in project financing and tax equity to support the construction of its 330MW Cobalt Solar facility…...
Lubiatowo-Kopalino Nuclear Power Plant, Poland
2+ day, 21+ hour ago (993+ words) Unit 1 of Poland’s first nuclear power plant in Lubiatowo-Kopalino, Pomerania, is expected to come online in 2036. Poland is developing its first nuclear power plant at the proposed Lubiatowo-Kopalino site in Pomerania through state-owned utility Polskie Elektrownie Jądrowe (PEJ). The project…...
Ørsted Q2 2026 net profit drops 79% to $106m
3+ day, 35+ min ago (377+ words) Danish renewables company Ørsted reported a net profit of DKr687m ($106m) for the second quarter of 2026 (Q2 2026), down by 79% from DKr3.4bn ($524.5m) in the same period of 2025. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter fell 18% year-on-year to DKr5.4bn, compared with DKr6.6bn a year…...
Scatec commercial operations for Obelisk solar project in Egypt
3+ day, 5+ hour ago (340+ words) Obelisk will deliver more than 3,000GWh of electricity annually to EETC under a 25-year PPA. Norway-based renewable energy solutions provider Scatec has commenced commercial operations for the second phase of its 1.1GW Obelisk solar and 100MW/200MWh battery storage project in Egypt. The Obelisk…...
Arctech secures 425MW of new solar projects in Central Asia
4+ day, 2+ hour ago (252+ words) Arctech to supply solar tracker systems for projects in Kazakhstan and Kyrgyzstan facing complex ground conditions. Arctech has secured contracts for 425MW of new utility-scale solar projects in Central Asia, comprising a 100MW SkyLine II project in Kazakhstan and a 325MW SkyLine II…...