A total of 71GWh of new grid-scale energy storage needs to be deployed in Italy by 2030 for it to decarbonise its energy system in line with the EU targets. Transmission system operator (TSO) Terna released its ‘Study on Reference Technologies for Electricity Storage’ report last week (10 August), one of the requirements under a recent […]
Europe saw an 83% increase in residential battery installations in 2022, according to research firm LCP-Delta. The firm said that 1.8 million homes installed a home PV system while 455,000 homes installed a residential battery storage system too over the course of the year. The majority of the batteries were sold with the PV system, […]
Europe’s biggest battery storage system in megawatt-hour (MWh) terms earned £2.3 million (US$2.85 million) revenues during its first full quarter in commercial operation. UK-based investment fund Harmony Energy Income Trust said recently that its Pillswood Battery Energy Storage System (Pillswood BESS) in northern England was one of the best-performing battery storage assets in Britain in […]
The link below takes you to all the energy nodes across europe along with grid lines: See All the Energy Nodes Across Europe Click in ” Legend ” at 9 O’clock and you can see the voltage of the lines and the mosaic of power generation plants in operation and planned. Click on the white […]
New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week’s time. The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) launched a call for aid (convocatoria de ayudas) for hybrid or co-located energy storage projects […]
Two weeks ago it was announced that Origis Energy, one of America’s largest solar and energy storage developers, had contracted Mitsubishi Power Americas to provide three utility-scale battery energy storage systems (BESS) that would be co-located with three photovoltaic solar facilities in the Southeast United States. Why had Origis taken the step of acquiring the storage […]
Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more. WE’RE CROWDFUNDING! Dear All, Please find below a business development and funding update from Megawatt Mosaic. Business Development Currently we are […]
What is thought to be Europe’s biggest battery energy storage system has begun operating near Hull. The site, said to be able to store enough electricity to power 300,000 homes for two hours, went online at Pillswood, Cottingham, on Monday. Its launch was brought forward four months as the UK faces possible energy shortages this […]
Climate tech wrapped a strong Q3, landing three of the top four equity deals, including the whopping $1 billion Series A raised by fleet charging startup TeraWatt. While the broader market might be cooling, climate tech continues to be a hot ticket, with investment figures for top deals in Q3 outpacing the two previous quarters this year. In total, […]
Dear All Megawatt Mosaic’s Promotional Video is now live on their blog and their funding round is officially live. Please take a little time this weekend to watch the video to understand the company and its incredible potential by clicking below: Latest news from funding side: We are due to receive a funding offer from […]