Egypt gets Saudi backing for its 2.3 MW power plant 

18 March 2019 Egypt gets Saudi backing for its 2.3 MW power plant  (Middle East): A Saudi based power and water desalination developer Acwa Power and Egyptian Hassan Allam Holding company are teamed up for the construction of 2.3 MW power plant in Luxor, Egypt. The investment in the first phase is $2.3 billion, which

World Bank initiates offshore wind power program in developing countries

12 March 2019 World Bank initiates offshore wind power program in developing countries (North America): The Global Wind Energy Council (GWEC) and World Bank Group (WBG) have launched a plan to expand the adaptation of offshore wind energy in developing countries. The program is supported by World Bank’s Energy Sector Management Assistance Program (ESMAP) partnering

LO3 energy to start blockchain pilot in Japan

22 February 2019 Latest Power Market News LO3 energy to start blockchain pilot in Japan (Asia): The US-based LO3 Energy has become a partner with Marubeni Corporation in a pilot blockchain energy project in Japan. the project will use distributed ledger technology (DLT) to link Marubeni’s power plants as well as test energy transaction.  

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.

EDB to support a solar plant project in Kazakhstan

15 February 2019 Latest Energy Market News AGL proposes to be the country’s largest battery in Australia (Asia Pacific): Australi’s AGL Energy has proposed to construct a large 100MW/150MWh battery next to Cooper’s Gap wind farm in Queensland, Australia. The farm would have a capacity of 453MW to generate 1,510,00 MWh electricity for around 264k

NSW Greens proposes $1.25 billion plan for renewable

12 February 2019 Latest Power Market News (Asia-Pacific): NSW Greens proposes $1.25 billion to support around one million households from renewable energy within four years. Solar PV with minimum 5Kw and 4.5KWh of battery storage will be installed in public and social houses in New South Wales state.

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

The US offers a considerable sum to support the coal energy industry

25 January 2019 Latest Power Market News Ikeja Electric starts tagging of electric poles (Africa): A Nigerian distribution power company, Ikeja Electric Plc, has started tagging of 274 units of 11KV overhead feeders and 64 high tension poles of 33KV across its network. It would use fibre metallic stickers with QR codes to read the

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

The largest vanadium battery in China is installed

14 January 2019 Latest Power Market News The largest vanadium battery in China is installed (Asia Pacific): VRB Energy commissioned 3MW / 12MWh vanadium redox flow battery energy storage project in China with the aim to integrate a large solar PV system into a grid in its first phase of a 10MW 40MWh project. This