Pacific Gas and Electric Company has completed the installation of its 182.5 MW Tesla Megapack battery energy storage system (BESS) at its Moss Landing substation in Monterey county. Following the completion of final tests, the BESS was fully energised and certified by the California Independent System Operator (CAISO). It will also participate in the wholesale electric markets of CAISO. The lithium-ion system, known as Elkhorn Battery, is one of several batteries set to go into service between 2022 and 2024.
SJVN to develop 5 GW renewable energy projects
SJVN Limited, a state-owned company has expressed interest in developing 5,000 MW of renewable energy projects in Punjab. As per a recent statement from the company, it intends to develop these renewable energy projects across […]
IFC grants $600 million loan to ENGIE Energía Perú
The International Finance Corporation (IFC) has approved a corporate loan of up to $600 million for ENGIE Energía Perú. The financing is directed towards renewable energy development and energy transition. The first tranche ($120 million) […]
MoU signed between TERI and REMC for green projects in Indian Railways
A MoU has been signed between The Energy and Resources Institute (TERI) and REMC for development of green projects of the Indian Railways. Under the MoU, the two organisations intend to work collaboratively on green […]