SUSI Partners buys share in the US lithium-ion battery storage projects

2 April 2019 SUSI Partners acquires 50% share in lithium-ion battery storage projects in the US (North America): A Swiss investment firm SUSI Partners has acquired 50% stake in California based portfolio of lithium-ion batteries projects from Macquarie’s Green Investment Group for its Energy Storage Fund. It is the first ever investment made by the

Siemens Gamesa and Van Oord to build a wind farm jointly

26 March 2019 Siemens Gamesa and Van Oord to build a wind farm jointly (Europe): Siemens Gamesa Renewable Energy (SGRE) and Dutch-based Van Oord are to build a wind farm for Windpark Fryslân in the Netherlands jointly. Both the companies signed a conditional contract to build 382.7 MW of wind power plant with 16 years’

Nissan and Opus to work used EV batteries

19 February 2019 Latest Power Market News Nissan and Opus to work used EV batteries (Europe): Nissan and camper manufacturer Opus to use second-hand EV batteries to provide off-grid power with new Nissan ROAM battery. It is made of lithium ion batteries delivering 700Wh of storage capacity and a power output of 1kW. It can

The US plans to recycle lithium batteries

18 February 2019 Latest Power Market News The US plans to recycle lithium batteries (North America): The US plans to develop recycling technology of lithium-ion batteries from automotive, consumer electronics and other products. The US Energy Department plans to invest $15 million in a three-year research and development project at Argonne National Laboratory outside Chicago.

The President of Nigeria inaugurates a power plant

14 February 2019 Latest Power Market News The President of Nigeria inaugurates a power plant (Africa): Nigeria President Muhammad Buhari has inaugurated a new 330/132/33KV Transmission Substation in Damaturu, Yobe. In 2018, 150MVA, 330/132/33KV transformer, 75MVAR reactor and 60MVA, 120/33KV transformer installed to three different outgoing feeders with combined 13.8MW of power generation capacity which

Future Trams systems could be powered by batteries to ease congestion

8 February 2019 Latest Power Market News Prysmian to upgrade Washington power transmission grid in various phases (North America): Italy’s Prysmian Group is to upgrade the power transmission grid of Washington, D.C in various stages. The project is going to start in 2019 and is expected to be completed by 2026 at the cost of

Bangladesh PM inaugurates a raft of power plants and grid substations

6 February 2019 Latest Power Market News Con Edison acquires mobile substations from Siemens (North America): Con Edison has bought six mobile substations from Siemens for emergency response. So far, four mobile substations have now already been delivered while the remaining two are expected later this year. The substations are modified with seven-circuit breakers, providing

Google launches its first clean energy project in Taiwan

23 January 2019 Latest Power Market News Google launches its first clean energy project in Taiwan (Asia Pacific): Google has launched its first clean energy project to support its local data centre with the cooperation of Taiwanese power companies and the government. It will set up a 10MW solar farm in Tainan City, Taiwan. AfDB approves $25m for renewable projects in Africa (Africa): African Development Bank

Toyota and Panasonic in a joint venture to produce batteries for electric vehicles

22 January 2019 Latest Power Market News DBT will supply current transformers for the Tunisian Electricity and Gas Company (STEG) (Europe): The French transformer manufacturer DBT will deliver 560 three-phase measurement blocks transformers and 4,200 single-phase measurement transformers (CR range) for a total amount of $1.5 million by the end of 2019. Toyota and Panasonic

Volkswagen comes with a new approach for charging EVs

4 January 2019 Latest Power Sector News China switched on the world’s longest and most powerful UHV power line (Asia Pacific): China started its ultra-high voltage power line of 1,100 KVDC extended over the length of 3,293 km. The $5.9 billion project was started in 2015. The power line can transmit 12 GW power and can