Tag: battery energy storage systems

<strong>Spearmint Energy acquires 900 MW BESS portfolio in US</strong>

Spearmint Energy acquires 900 MW BESS portfolio in US

March 22, 2023 |

Spearmint Energy announced the acquisition of Nomadic, a 900 MW battery energy storage systems (BESS) asset portfolio in Texas. It consists of three projects with a combined projected capacity of 300 MW that are spread over the counties of Cooke, Galveston, and Brazoria. According to the company, the portfolio was purchased from a major US developer and operator of clean energy projects. No financial details of the deal have been disclosed.

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<strong>ACWA Power to develop solar and BESS projects in Uzbekistan</strong>

ACWA Power to develop solar and BESS projects in Uzbekistan

March 21, 2023 |

ACWA Power has signed three power purchase and investment agreements in Uzbekistan for the development of 1.4 GW of solar and 1.5 GWh of battery energy storage systems (BESS). The Saudi energy company inked the agreement with Uzbekistan’s National Electric Grid (NEGU) and the Ministry of Investment, Industry, and Trade. The business intends to construct three PV solar projects in Tashkent and Samarkand, as well as three BESS facilities in Tashkent, Bukhara, and Samarkand.

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<strong>Tesvolt plans to invest in new battery storage facilities</strong>

Tesvolt plans to invest in new battery storage facilities

February 20, 2023 |

Tesvolt AG, a technology leader in commercial and industrial energy storage intends to build a new gigafactory at its headquarters in Lutherstadt Wittenberg, Germany. A highly automated production building for battery storage systems. Also, a new research and development centre is planned for construction. The carbon neutral facility will eventually have a production capacity of up to four gigatonnes per year. Construction will begin in the spring of 2023 and will be completed in 2024.

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